Ex-Indian group leader ordered to pay Shs146m or go to prison
Wednesday May 12 2021
2016 is the year in which businessman Rajni Tailor entered into a loan agreement with Prime Finance Company for a personal loan of $20,000 (about Shs70.6m).
Summary
Presiding judge Susan Abinyo on Monday observed that she was not convinced by Mr Tailor’s explanation that he had fully paid back his loan of $20,000 (Shs70.6m) to Prime Finance Company that he had obtained more than five years ago.
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The businessman faces a six-months jail sentence should he fail to pay the loan.
Presiding judge Susan Abinyo on Monday observed that she was not convinced by Mr Tailor’s explanation that he had fully paid back his loan of $20,000 (Shs70.6m) to Prime Finance Company that he had obtained more than five years ago.