Sudhir drags UK firm to police over Shs2.5bn fraud

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Dr Sudhir Ruparelia at the opening of Electrical Plaza in Kampala on Saturday

City tycoon Sudhir Ruparelia under his Meera Group of Companies has dragged to police Paul Moores, the director of FBW, a UK based international consultancy firm over fraud.

Meera claims FBW defrauded them of $650,000 [Shs2.5bn] for the construction of both Speke Apartments Wampewo and Kabira Hotel Extension.

Kampala Metropolitan Police Spokesperson, Patrick Onyango, told Saturday vision they opened a case at their Katwe Division under file No:GEF:151/2019.

Police has already recorded statements from both Meera and FBW officials.

Meera investments signed both contracts in 2012 with an upfront payment of $275,000 [Shs1bn] for Speke Apartments and £375,000 [Shs1.5b] for Kabira hotel extension.

According to Meera, the Kabira hotel extension failed to kick off because the architecture company defrauded them yet they had already paid the agreed upon money.

According to the agreement, Meera was supposed to have paid 30% at the singing, 35% between the stages of construction and 5% upon completion of the project.

Meera investments requested for working drawings so that construction starts but that didn’t happen.

FBW group has operations in Uganda, Kenya, Rwanda and Tanzania.

Some of their projects include, Commonwealth Resort Hotel, Kingdom Kampala, British High Commission and Stone Town in Kabalagala.

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