ADVERTISEMENT

G-Wagon, trucks, love: Emmanuel Lwasa reveals things he's lost due to debt

Beleaguered businessman Emmanuel Lwasa revealed how he has lots of assets because of debts, especially the Shs700 million he needs to service his loan with Equity Bank.

Emmanuel Lwasa

In recent media interviews, Lwasa has discussed his current predicament, looking back on his past and what the future holds for him. Below are some takeaways:

ADVERTISEMENT
  1. Lost his  Mercedes-Benz G-Class, colloquially known as the G-Wagon.
  2. Lost tents he used to rent out and he currently no longer has a source of income.
  3. He said the younger kids are being taken care of by siblings.
  4. President Yoweri Museveni had promised to clear his debt of about Shs700 million but he says Minister Omona frustrated everything. He says if the president can help clear his debt, he'll be fine.
  5. He says he is suffering from diabetes and he almost went to ICU during his recent admission to the hospital.
  6. He jokingly said his ex-girlfriend Vanessa Vanny who ripped him off ahead of their aborted wedding plans survived the problems he is going through.
  7. He has lost 10 trailer trucks and six Fuso trucks.
  8. He said he is no longer dating because of what he is going through. "I think feelings are dead."
  9. The bank is about to take the three-story building that houses Club Tavern Kick at Kyabakuza Township along the Masaka-Mbarara Highway. The building, which was constructed in 2015, sits on a 200 by 70ft. space and it is valued at Shs4.5 billion.
  10. He said women didn't take a lot of his money, so he doesn't attribute his problems to them.
  11. He is being taken care of by his daughter and maids.
  12. He said he'll avoid women when he gets money again.
  13. He said Angel gave birth but she refused to send him the full picture of the baby, only sharing a snap of its hand.
  14. That they've been seeing each other even after splitting.

JOIN OUR PULSE COMMUNITY!

ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulse.ug

Recommended articles

A Pass vs. DJ Nimrod: 11 juicy highlights from their feud

A Pass vs. DJ Nimrod: 11 juicy highlights from their feud

Kizz Daniel is set to continue his hit run with two new singles

Kizz Daniel is set to continue his hit run with two new singles

Sheilah Gashumba names 3 reasons why she quit NBS After 5

Sheilah Gashumba names 3 reasons why she quit NBS After 5

Kapa Cat says Spice Diana is not ready for music battle with Sheebah

Kapa Cat says Spice Diana is not ready for music battle with Sheebah

'The pain is there' - Patrica Sitya Loss breaks silence on kissing Victor Ruz

'The pain is there' - Patrica Sitya Loss breaks silence on kissing Victor Ruz

Kampala gears for Riders Billionaer Xperience

Kampala gears for Riders Billionaer Xperience

NRG Radio listener wins trip to Dubai with mom

NRG Radio listener wins trip to Dubai with mom

Canary Mugume, Sasha Ferguson 'breakup': New details emerge

Canary Mugume, Sasha Ferguson 'breakup': New details emerge

'Crossroads' premieres next month as curtains fall on 'Sanyu'

'Crossroads' premieres next month as curtains fall on 'Sanyu'

ADVERTISEMENT