Big Scandal: Businessman Bafanabyo Remanded Over Ugx1.1 Billion Fraud, Qatar Investors In Tears!

By Swift Reporter

A Kampala-based businessman has been arraigned before the Anti-Corruption Court on charges of obtaining money by false pretence, money laundering, and impersonation in connection with an alleged fraud involving over Shs1.1 billion.

The accused, Gilbert Tumwebaze Bafanabyo, also known as Albert, was charged following a joint operation by the State House Anti-Corruption Unit, the Criminal Investigations Directorate, and the Office of the Director of Public Prosecutions.

According to the prosecution, between July 2022 and April 2023, Tumwebaze allegedly presented himself as “Albert,” a manager of Sky Link International, and engaged in a scheme targeting investors from Qatar.

It is alleged that he, together with others still at large, obtained USD 286,910 (approximately Shs1.1 billion) from the investors. The funds were reportedly requested as performance security fees for a purported Government of Uganda contract for the construction of six technical model schools in Wakiso, Kasanda, Pader, Garuga, Nampungwe, and Busunju.

Prosecution states that the said contract did not exist and that the representations made to the investors were false.

Tumwebaze has been remanded until April 17, 2026, as investigations continue. Authorities say efforts are ongoing to apprehend other individuals believed to have been involved in the alleged scheme.

The case remains under investigation.