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Court Orders Attachment of NRM Bank Accounts

The orders were issued by Deputy Registrar Muse Musiimbi after the firm sued NRM. The same court orders have seen two bank accounts; 2910500001 held in Centenary bank and account number 0121152263500 held in Housing Finance bank attached to recover the said debt.
NRM SG Justine Lumumba says the party is cash strapped presently.
The executions and bailiffs division of the High Court has ordered for the attachment of two bank accounts belonging to the ruling National Resistance Movement (NRM) party for failure to clear a 4.9 billion Shillings to a printing firm.

The debt arose from the printing of 2 million campaign T-shirts by Kampala Modernity Stationers and Printers Ltd. ahead of the 2011 general elections.

The orders were issued by Deputy Registrar Muse Musiimbi after the firm successfully sued NRM for nonpayment. The same court orders have seen two bank accounts; 2910500001 held in Centenary bank and account number 0121152263500 held in Housing Finance bank attached to recover the said debt.

“All debts owing or accruing due from Centenary Rural Development Bank Account No. 2910500001 and Housing Finance U Ltd. account number No. 0121152263500 … or any other existing account of the judgment debtor National Resistance Movement be attached and held until further orders of the court to answer to a decree recovered against the judgment debtor by the above named judgment creditor for the sum of Shs4.9 billion..” the attachment order reads in part.

The account held in Housing Finance Bank is registered as ‘Masindi 20th February'. It is the account that President Yoweri Museveni, the Chairman of the ruling NRM party introduced in 2012 in the memory of the decisive attack on Kabamba army barracks in 1984 that led to the fall of Kampala in 1986.

This is the bank account through which over 4 billion Shillings was collected following a fundraising dinner presided over by President Museveni to build a 27-storied Movement House.

The friction between NRM and the printing firm started in 2010 ahead of the 2011 general elections when a Dubai-based company; Bright Arrows Trading, on October 2010; allegedly supplied to Kampala Modernity Stationers and Printers Ltd up to one million pieces of Round Neck T-shirts, 30, 000 pieces of Polo shirts, 600,000 pieces of Scarfs and 150,000 pieces of Sleeveless T-shirts. The T-shirts were supplied to NRM.

Court documents that were before the Commercial Court where this case was first filed, indicated that Kampala Modernity Stationers and Printers Ltd paid only US Dollars 900,000 (about 2.7 billion Shillings) to Bright Arrows Trading leaving a balance of 1,375,110 (about  4.1 billion Shillings), which resulted into this legal action.

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