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Court, Police block Shauriyako market meeting

News
The High Court has blocked a General meeting that had been called by traders of Shauriyako market.
Some Traders convened the meeting after their leaders turned down several requests to meet them over a number of grievances.
The meeting was scheduled for today at New Shauriyako Plaza.
Stephen Tanui, the DPC Central Police Station had earlier on cleared the meeting but later withdrew the clearance citing security reasons. He told the conveners of the meeting that he had received intelligence reports that there was a group of hooligans planning to disrupt the meeting.
The traders resolved to proceed with the meeting despite police caution.
But the leaders of Shauriyako Market Company Limited led by Company Chairman Rock Luuze last evening successfully obtained a Court injunction stopping the meeting.
The leadership has also filed a case against 10 of the Company members accusing them of usurping the powers of the Board of Directors of Shauriyako Market Company Limited. The 10 members are also accused of interfering with the management of and running of the Company affairs.
The Company leadership is seeking a permanent injunction stopping its members from holding the meeting. Court pronounces itself on the matter next month.
The 10 including their Chairman Feko Turyahikayo are behind today's flopped meeting.
Edward Ochom, the Regional Police Commander Kampala Extra is expected to meet the two rival parties in a bid to amicably resolve the dispute.
Shauriyako market is embroiled in a dispute with a section of traders accusing the leadership of the market of fraud. The vendors are demanding for accountability of the 8 billion shillings which was collected from them for the redevelopment.
623 vendors signed a memorandum of Association with Nakivubo Shauliyako Market Company Limited the Company that was endorsed by Kampala City Council to redevelop the market.
Under the terms of the agreement, the vendors were required to contribute 1 million shillings for the lease and 8 million shillings to aid in the construction process. Once the shops were complete they would be allocated to the vendors who paid up the full amount of money.
But some vendors now allege that the project has been hijacked by members of the Steering Committee in collusion with some officials within Kampala City Council.

shauriyako market

Type Report
Freelance author No
Location Kampala, Uganda
Accepted on 2008-09-27 15:40:14

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