Kaggwa & Anor v Ndyowayesu (HCCS 728 of 2016)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that the Plaintiffs and Defendant entered into a Memorandum of Understanding to start a microfinance business, evidenced by admissions from the Defendant's wife who returned part of the money on his behalf. Where the business never materialized and the security provided was a forged certificate of title, the Plaintiffs were entitled to recovery of the capital advanced less the sum already refunded. Judgment for the Plaintiffs for UGX 90,000,000 with interest at 6% per annum from judgment.
Outcome
Defendant ordered to pay UGX 90,000,000 to the Plaintiffs with interest and costs
Facts
The Plaintiffs and Defendant entered into a Memorandum of Understanding dated 12 September 2014 under which the Plaintiffs advanced UGX 100,000,000 to the Defendant to start a microfinance business. The Defendant deposited a land title for Plot 72 Block 12 Singo at Kisana as security. The microfinance business never materialized. The Defendant denied executing the agreement and claimed the money was for school fees and upkeep of the Plaintiffs' son who stayed at his home. The Defendant through his wife Edith Kihembo refunded UGX 10,000,000 to the Plaintiffs. The Defendant claimed to have refunded additional sums but provided no evidence. The land title given as security was discovered to be a forgery.
Issues
- Whether the Plaintiffs disbursed to the Defendant UGX 100,000,000 to start up a Microfinance facility on the security of land comprised in Singo Block 12 Plot 72 at Kisana.
- Whether the Plaintiffs are entitled to recover their monies amounting to UGX 100,000,000 advanced to the Defendant in the course of dealings between the Plaintiffs and the Defendant.
- What remedies are available to the parties.
Orders
- Judgment entered in favour of the Plaintiffs against the Defendant.
- Special damages of UGX 90,000,000 awarded to the Plaintiffs.
- Interest at 6% per annum on the special damages from date of judgment till payment in full.
- Costs of the suit awarded to the Plaintiffs.
Rules and key headnotes
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.