Captain Mike Mukula, a prominent Ugandan businessman and politician, has had his properties in Soroti put up for sale due to an outstanding debt of Shs3.42 billion. The properties, which include several commercial buildings and residential homes, are being sold off by the Uganda Revenue Authority (URA) in a bid to recover the debt. According to sources, Mukula had been struggling to pay off the debt, which has been pending for several years. The URA has given notice to all interested buyers to bid for the properties, which are expected to be sold at a public auction. The sale of Mukula’s properties has sparked debate among Ugandans, with some questioning how the businessman was allowed to accumulate such a large debt. Others have expressed concern about the impact of the sale on the local economy, particularly in Soroti where Mukula is a prominent figure. The URA has assured the public that the sale will be conducted in a transparent and fair manner, with all proceeds going towards settling Mukula’s debt. The development has also raised questions about the financial management of public figures in Uganda, with calls for greater accountability and transparency in their financial dealings.
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