Stanbic Seizes MOGAS Oil to Recover Debt

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In short
In the notice of intention to take over the fuel company, the lawyers; Ligomarc Advocates, said they had appointed Kabiito Karamagi as receiver for MOGAS, whose full name is Maestrol Oil and Gas Solutions, until the bank recovers all its money. THe notice has also been received by the Uganda Police Force.

 

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