Business

Lango business persons lose over 3 billion shilling to Indian trickster.

A section of business persons in Lango have been left in tears after an Indian national reportedly fleeced them off over 3 billion shillings.

Shanjay Keswhala who is accused of extorting money from the business persons has been operating a shop along Aber road and has been coordinating business persons and also buying soya beans through his companies of Sanjay trading company limited and SBK Company limited.

One of his employees who pleaded for anonymity said Sanjay, last appeared at his shop on 17/12/2022 and some of the people who supplied their goods to the shop started flocking their premise on 19/12/2022.

He said Sanjay stopped answering his calls and went into hiding upon inquiries.

One of the business people who said he lost undisclosed amount of money in maize flour that he supplied to Sanjay said the latter disappeared with money including 96 million shillings from Tony Adeka who supplied soya beans, Tasco Company that deals in cooking oil and some traders from Kamdini in Oyam district who lost over 85 million shillings.

Sanjay is also said to have obtained a loan from Equity Bank worth 1.2 billion shilling that he injected in his company as well as 800 million shillings that he got from supreme millers.

The LC1 chairman of Tekulu cell, Lira city West division Guido Okwir said he received many complaints from business persons about Sanjay disappearing with their money including some people from as far as Apac, Kwania, Dokolo among others.

By Arao Denis

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