NationalNews

Police Speaks Out On Alleged Fraud by Capital Chicken Directors

By Our Reporter

 

NATIONAL 

 

Police has given an update on its investigations regarding the alleged fraud committed by directors of CAPITAL CHICKEN.

 

In a press statement dated 4th October 2023, Patrick Onyango, the KMP Spokesperson says police is treating the matter with utmost seriousness adding that their investigators are diligently working to uncover the facts surrounding the alleged fraud.

 

Onyango says that it is alleged that between the years 2021 and 2023, CAPITAL CHICKEN operated an office along Kanjokya Street in Kampala Central Division, where individuals entrusted their money for investment, with the promise of returns.

 

Initially, this operation appeared to run smoothly, but recently, concerns arose as some members encountered unusual behavior from the management.

 

Reports indicated that members were being asked to “come back later” when visiting the office for transactions. On September 29, 2023, the situation escalated when individuals arrived at the office to find it unexpectedly closed.

 

In light of these developments, concerned citizens promptly reported the matter to the police. The Kira road Police Central Police initiated investigations under case numbers GEF 38/2023 and GEF 39/2023.

 

Onyango says statements have been recorded from 41 victims, shedding light on transactions totaling approximately 1,641,376,000 Ugandan Shillings.

 

“Furthermore, relevant documents pertaining to these transactions have been recovered to aid in our ongoing investigation,” Onyango says.

 

He adds that currently, the primary suspects in this case are identified as Wamanga Pius, Sempebwa Ernest and others.

 

“We encourage anyone who has been affected by the company or has information related to this case to come forward and cooperate with our investigators,” Onyango says.

CAPITAL CHICKEN STATEMENT

Earlier on Wednesday, CAPITAL CHICKEN issued a statement denying any fraud on their part but instead blamed government for their problems including freezing their bank accounts.

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