Parimal Patel had appeared before the committee which is currently inquiring into the illegal sale and ownership of the expropriated Asian property. The committee is in possession of a report pinning Parimal Patel for having fraudulently possessed departed Asians properties in parts of Eastern Uganda.
The select subcommittee on
Commissions, Statutory Authorities and State Enterprises (COSASE) has handed Businessman
Parimal Patel to the criminal investigations Department for meddling into the
expropriated Asian property.
Parimal Patel had appeared before
the committee which is currently investigating circumstances under which
departed Asians properties that were fully compensated for by government ended
up in the hands of individuals and companies.
The committee is in possession of
a report pinning Parimal Patel for having fraudulently taken over departed
Asians properties in parts of Eastern Uganda.
He is particularly on the spot
for allegedly selling off 16 properties of Budaka Ginners Limited that had been
entrusted to him as a manager. Parimal
Patel says he sold the properties on the directives of the company directors, a
team of departed Asians, who gave him powers to sell properties on their
But according to the committee, there
is no evidence to back his claims. The committee also tasked him to avail
evidence that the company has been paying taxes to Uganda Revenue
Authority. Records of Uganda
Registration Services Bureau indicate that Budaka Ginners last filled tax
returns in 1989.
Although he confirmed that he
wasn’t paying taxes, Parimal Patel said he had receipts to prove that he sold
the property on behalf of the departed Asians. He says that he was earning a
commission of 25 per cent from each sale, calculated on the basis of the powers
of attorney agreement signed with the departed Asians.
Asked to explain how he was remitting the money to the
owners, Parimal said that he was collecting the money on his personal bank
account, and sent it abroad through Standard Chartered Bank, and Bank of Baroda.
//Cue in; “In a situation…
Cue out…you have collected.”//
Parimal says on several cases, he has lost the property to
unscrupulous people in Government
//Cue in; “I was forcibly…
Cue out… washed his hands”//
Committee Chairperson Ibrahim Kasozi
handed Parimal Patel to CID to find out how he was managing Plot 17 Budaka
ginners in Mbale and other properties of Anglo African limited. Kasozi also
asked Parimal to hand over his passport to CID.
The properties under review have
been under the management of the Departed Asians' Property Custodian Board, a
government body that has been in charge of thousands of properties since
1983. Reports indicate that 1,676
properties had been sold, some repossessed, and compensated by 2009, while some
3,226 remained unsold and unclaimed.
But the MPs say that a number of
them were fraudulently acquired by individuals, while several others were sold below
the price that the government used when redeeming them from financial institutions.