VIDEO: Uganda telecom woes continue as Sh 400bn fictitious debt claims
Kampala, Uganda | NTV UGANDA | The debt riddled Uganda Telecom, now has to deal with a combined obligation of half a Trillion shillings shillings owed to the creditors as well pending dues from government agencies.
UTL Administrator Bemanya Twebaze, says that a record 400 Billion claims have since been verified and confirmed as fictitious.
He was speaking immediately after government and a Chinese technology firm Xinlan Group, signed out a Memorandum of Understanding to work out modalities for commercial production of phones in Uganda.
[youtube https://www.youtube.com/watch?v=Rhqbn-xriZ8]
The post VIDEO: Uganda telecom woes continue as Sh 400bn fictitious debt claims appeared first on The Independent Uganda:.
via: Independent
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