Court Orders Businessman Bitature to Pay Shs909m to Finicon
6 Articles
6 Articles
How Bitature lost the Finicon case — and why he owes far more than Shs954m
Businessman Patrick Bitature. The High Court has ordered him to pay Finicon (U) Ltd US$256,136 (about Shs954m) plus 9% interest over two stalled Kololo projects. PHOTO | File Kampala — The headline number in this week’s High Court judgment against businessman Patrick Bitature was Shs954 million. A close reading of the ruling shows the sum he actually owes is far larger — and that he lost the case less on the facts than on how his defence was run…
Bitature ordered to pay Shs954m ($256,136) in court loss
Ugandan tycoon Patrick Bitature has been ordered by a Kampala court to pay an architectural and engineering consultancy firm about Shs954 million ($256,136), exclusive of tax, over two property projects that never got off the ground.The Commercial Division of Uganda's High Court ruled that Bitature must pay Finicon the sum plus 9 percent annual interest running from May 20, 2014 until the debt is cleared, along with the costs of the suit. Justic…
12-YEAR DEBT COMES DUE: Bitature Ordered to Pay Over Shs2billion In Finicon Case
The High Court Commercial Division has ordered businessman Patrick Bitature to pay Finicon (U) Limited US$256,136.17, exclusive of VAT, after finding that he breached two consultancy agreements for a planned high-end boutique hotel and the remodelling of his Kololo residence. In a judgment delivered on August 18, 2026, Commercial Division Judge Stephen Mubiru rejected Bitature’s attempt to defeat Finicon’s claim by arguing that the contracts wer…
Court Awards FINICOM UGX954m in Consultancy Fee Dispute Against Bitature » Business Focus
Businessman Patrick Bitature Court has awarded FINICON (U) LIMITED US $256,136.17 (about UGX954.6M) after finding that businessman Patrick Bitature failed to fully pay for architectural consultancy services linked to two high-end Kampala projects. The decision, delivered by Justice Stephen Mubiru on 18 August 2026, held that the consultancy contracts were valid, the plaintiff had performed its obligations, and the part-payments made by the defen…
High Court Orders Patrick Bitature to Pay UGX 954 Million
The High Court’s Commercial Division has ordered businessman Patrick Bitature to pay Finicon $256,136.17 (UGX 954 million), excluding VAT, plus interest dating back to May 2014. The order ends a long-running dispute over architectural and engineering consultancy services for two stalled property developments in Kampala. In a judgment delivered on Monday, Justice Stephen Mubiru ruled that Finicon had substantially performed the work for which it …
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