Wednesday, April 27, 2011

Debt Collector Selling Libyan Embassy Cars

Kampala — Armstrong Auctioneers, a debt collecting company, is selling two luxury cars worth Shs310 million over non-payment of a Stanbic Bank loan by the Libyan Embassy in Uganda. The bailiffs are auctioning a Range Rover and a Toyota Land Cruiser estimated at Shs170 million and Shs140 million, respectively, according to a public notice issued by the company yesterday.

The vehicles are to be sold at 10am on May 10, by the auctioneers if the Libyan embassy in Kampala does not clear the loan and related costs. "Upon instruction from our client, we shall proceed to sell the under mentioned vehicles unless the debtor clears us before the sale date," a notice reads in part.

The Libyan Arab People Bureau (embassy) is identified in the notice as the debtor. The attached cars were used by Mr Abdallah Bujeldain, the former Libyan ambassador to Uganda, while on duty. The ambassador fled Uganda to join the rebels fighting Col. Muammar Gaddafi, press reports said.


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