UBC Magic One Boss Jk Kazoora Sent To Jail Over 53 Millions Debt

Posted: 2018-05-22T09:56:12Z
UBC Magic One Boss Jk Kazoora Sent To Jail Over 53 Millions Debt

Magic One boss,  David Kazoora alias JK Kazoora was arrested along the Lugogo bypass by bailiffs from Tuskem Associates for failing to pay 53 Million.


The High court sent him to Luzira civil prison where he will spend the next 6 months.


Our snoops have learnt that the TV content creation guru is accused of failing to pay a bank loan amounting to Fifty three (53) million Uganda shillings to United Bank of Africa (UBA) that he borrowed in 2015.


Deputy registrar in-charge of the Execution Division of the High Court, Deo Nzeyimana, signed the committal warrant sending Kazoora to civil prison and ordered UBA to pay a daily fee of Shs 3,000 to cater for Kazoora’s meals.


Well, this is not the first time Kazoora has been involved in a financial scandal.


In 2014, David Kazoora was dragged to court in Rwanda as prosecutors accused him of diverting an advertising project from Buddies Production (R) Limited, where he was co-owner, to his new firm, Buddies TV Ltd thus fleecing his partner of dividends.


We shall keep you posted.