Tycoon Sudhir tells off Wavamuno

Uganda’s largest property mogul Dr Sudhir Ruparelia has lashed out at fellow tycoon Gordon Wavamuno for always questioning his wealth.

Recently while meeting a group of journalists/political pundits at his three square mile size commercial farm in Nakwero, Gayaza, the Spear Motors Proprietor wondered how Dr Sudhir accumulated a lot of wealth within a short period of time.

He further recalled the Ruparelia Group of Companies Chairman being a forex dealer closely working with Nile Bank thus contrasting this with hard-working tycoons with a verifiable record of hard work who have had to sell off their possessions to overcome being jailed for defaulting on bank loans.

However, following the unkind comments, Sudhir has come to warn Wavamuno to keep him out of his grudge.

“Hello Gordon, you seem to question me and my businesses. Did I ever come and steal from you? Did I ever borrow from and further more do I owe you any money? If you have grudges don’t involve me in them,” Sudhir told off Wavamuno in a whatsapp message seen by this website.

Despite the negativity from people like Wavamuno, Sudhir has not shied away from his story of rising from selling beers, sodas and forex to becoming one of Uganda’s most succesful businessmen.

He clearly brings out the meaning of “hard work, good business practices and right networks do the magic.”

On the other hand, Wavamuno has lost most of his business due to tax evasion and probably being in bad books with government.

“We did a lot and lost many things for President Yoweri Museveni’s sake but because of the fatigue he now suffers from, he forgot everything. He is clearly taxing us out of business and that is how my WBS, which was the most prominent TV in Uganda, went under and was taken from me. My brother John Kamya who looked after his mother and fed her from my garage had to be jailed longer than the courts had ruled,” Wavamuno said as quoted by Mulengera, a local news website.