Sunday, April 21 2013
As confirmed by the Mumbai Mirror, the two officers with the help of one Yakuba Mathai who runs a mining company visited Videocon offices on Thursday with claims that Interpol had issued an International warrant of arrest for the company directors.
According to the Ugandan Officials, Videocon had invested in a mining business way back in 2009, but the four directors dissolved the business and left the country within six months after signing a memorandum of understanding (MOU). This left several investors duped.
Last Thursday, The four directors of Videocon were advised through other staff members that they had a delegation from Uganda to meet at Trident Hotel in Mumbai. The Videocon legal team headed straight to the Hotel to establish the purpose for the visit.
On arrival at the hotel, the Videocon team was told that the four directors would only be let off the hook if they paid $20 million now that they had not paid a penny for the mining licence they had taken with them in 2009 following an MOU they had signed with a mining company in Uganda.
The next thing the former Minister and his client were faced with were Indian police officers interrogating them about the issue.
The former minister is safe at his hotel room no. 33, 11th floor, Trident Hotel and is expected in the country by Tuesday. A source adds: "Neither Isaac Musumba, nor his client, recorded a statement with the Police. They however responded to Police questions at the lobby of Trident Hotel."
Zari talks about her life from Jinja to the Instagram Queen she is now
Nominations for the inaugural Janzi Awards announced
Pallaso borrows a leaf from Davido by asking fans to rescue his Range Rover
Rema shares pregnancy pics with her latest single dubbed Akafee Che
Diamond Platnumz hangs out with his South Africa family
A rare version of Zari after being linked to another 'lover'
UG Connect Concert featuring 20 artists for 52 weeks