Conmen defraud Turkish firm Shs 2.2 billion in bogus fertiliser deal

09 Apr 2024

KAMPALA. Ugandan fraudsters have defrauded a Turkish company, Iskenderun Fertilizer Inc., of over Shs 2.2 billion in a fraudulent fertilizer deal.

The State House Anti-Corruption Unit is currently investigating this incident with the Uganda Police Force.

Between May and September 2023, two accomplices, already arrested, Ronnie Mukasa and his partners, operating under Kureha (U) Ltd, tricked the Turkish company into shipping 28 containers of fertilizer (each containing 540 bags) to Uganda.

After receiving the goods, Mukasa and his associates ceased communication and began selling the fertilizers in the market.

Some of the stolen fertilizers have been recovered from shops in Container Village, a business center for agricultural chemicals and other products.

The implicated company, Kureha (U) Ltd, is not registered. The anti-corruption unit has involved the police and Container Village leaders to encourage traders to return the stolen goods and assist in the ongoing investigation.

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