UNBS to lose new headquarters over Shs3.5 billion debt to Japanese firm.
The new multi-billion shilling building
which houses the headquarters of the
Uganda Bureau of Standards, could be
auctioned in 30 days if the
government agency does not settle a
Shs3.5 billion debt.
According to an order granted by the
deputy registrar of the High Court
Executions and Bailiff Division, the
property has been advertised for
auction in the newspapers.
Japan Export Vehicle Inspection
Centre, sued UNBS for breach of
contract signed in 2008. Under the
contract, the firm was mandated to
undertake pre-inspection of used cars
in Japan before export to Uganda.