27 firms seek to wind up Roko company over debts
Daily Monitor Monday December 21 2020 Speaker Rebecca Kadaga (2nd right) tours ongoing works of Parliament Chambers that is being undertaken by Roko construction firm on June 5. Roko is highly indebted. PHOTO/PARLIAMENTARY PRESS Advertisement Roofings has been joined by 26 other companies seeking a court declaration to have giant construction company Roko wound up for allegedly failing to pay huge debts. It is estimated that Roko owes different creditors and suppliers up to Shs40b in local currency and $36m (about Shs131b). Roko’s indebtedness was brought to light on December 11 when Roofin...
Source: monitor.co.ug