Money Lenders Put Douglas Villas Hostel On Sale, Owner In Panic.

A Kampala city tycoon who owns Douglas Villas which is one of the most famous student hostels in Makerere Kikoni) is on suicide watch after money lenders grabbed her multi-storied hostel in Makerere Kikoni and put it on sale.

What You Need To Know: 

According to sources, the Boss lady failed to service her previously-contracted loans.

In the first week of September, her Douglas Villas complex near Makerere will be auctioned to enable the money lenders recover their money which sources say is in hundreds of millions of shillings. . 

Also having sleepless nights is Molly Nawe Kamukama who until not very long ago was the powerful Principal Private Secretary (PPS) to President Museveni. 

Molly Nawe Kamukama, who over the years mentored, empowered and propped up many now big people in govt has just 30 days to lose her residential property in the Entebbe Road neighbourhood of Bwebajja and another undeveloped large piece of land particularized as Busiro Block 535 Plot 211 at a place called Saazi Ssabawaali in the Greater Kampala Metropolitan area district of Wakiso.