South Africa-based Ugandan controversial businessman, Katsha Da Bank has been jailed to prison today.
According to sources in South Africa, Katsha De Bank together with five others ‘conmen’ appeared before a judge today and prosecutor read to them the charges.
We’ve however been told the group was not allowed to make a plea due to the gravity of the offence. Katsha and friends were charged with loss of public funds in disguise of being foreigner investors.
Meanwhile, Katsha and his co-accused were paraded before journalists yesterday evening.
We will keep you updated.
Also Read: Self-Proclaimed ‘Tycoon’ Katsha Arrested In South Africa
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