CAPITAL CHICKEN Directors Arrested over Stealing shs 1.7Bn from Ugandans.

Detectives at Kira road police have launched investigations into alleged fraudulent activities involving a company known as Capital Chicken.

It is alleged that between the years 2021 and 2023, Capital Chicken operated an office along Kanjokya Street in Kampala Central Division, where individuals entrusted their money for investment, with the promise of returns. Initially, this operation appeared to run smoothly, but recently, concerns arose as some members encountered unusual behavior from the management.

Reports indicated that members were being asked to "come back  later" when visiting the office for transactions. On September 29, 2023, the situation escalated when individuals arrived at the office to find it unexpectedly closed. In light of these developments, concerned citizens promptly reported the matter to the police.

The Kira road Police Central Police initiated investigations under case numbers GEF 38/2023 and GEF 39/2023. Statements have been recorded from 41 victims, shedding light on transactions totaling approximately 1,641,376,000 Ugandan Shillings. Furthermore, relevant documents pertaining to these transactions have been recovered to aid in our ongoing investigation.

Luke Owoyesigyire, the Deputy KMP Spokesperson revealed that, "Currently, the primary suspects in this case are identified as; Wamanga Pius Mudulo, Sempebwa Ernest and others."

"We want to assure the public that this matter is being treated with utmost seriousness. Our investigators are diligently working to uncover the facts surrounding this alleged fraud. We understand the concerns of the victims and the public, and we are committed to bringing this investigation to a swift and just conclusion," Owoyesigyire said.

"We encourage anyone who has been affected by the company or has  information related to this case to come forward and cooperate with our investigators," he noted.