By Spy Uganda
The State House Anti-Corruption Unit (SH-ACU), working jointly with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions (ODPP), has arraigned another suspect in connection with an alleged high-value property fraud scheme.
Mr. Nyanzi Faisol appeared before the Anti-Corruption Division of the High Court in Kampala on charges of obtaining money by false pretence and conspiracy to commit a felony.
According to prosecutors, the accused, together with his co-accused, Mr. Kavuma Ibrahim who is already on remand and others still at large, allegedly defrauded a victim of USD 205,556 (approximately UGX 780 million) under the guise of selling a house located in Bunga, a Kampala suburb.
The prosecution contends that the offence was committed on 15th July 2025 at the Standard Chartered Bank, Speke Road Branch, where the suspects purportedly received the funds after convincing the victim that they owned the said property.
Mr. Nyanzi denied the charges when they were read to him and was subsequently remanded until 4th November 2025, pending further mention of the case.
Authorities say investigations are ongoing, with efforts underway to trace and recover the stolen money as well as apprehend other suspects believed to be involved in the fraud scheme.
The SH-ACU reaffirmed its commitment to working with law enforcement partners to combat financial crimes and protect citizens from fraudsters exploiting Uganda’s property market.
