Close Menu
  • Home
  • Business
  • Crime
  • Lifestyle
  • Tech
  • World
  • News
What's Hot

SAD NEWS!! Police Officer Killed by Falling Tree in Kasese

Ruparelia Group Expands Premium Office Space and Hospitality Facilities Across Uganda

Sudhir Ruparelia’s Paradise Island Resort Sets New Standard for Solar-Powered Tourism on Lake Victoria

Facebook X (Twitter) Instagram
Buy SmartMag Now
  • Demos
  • Business
  • Buy Now
Facebook X (Twitter) Instagram
Impalaa Updates
  • Home
  • Business
  • Crime
  • Lifestyle
  • Tech
  • World
  • News
Subscribe
Impalaa Updates
Home»Crime»Man Arrested for Fatally Stabbing Money Lender Over Shs 18M Loan Dispute
Crime

Man Arrested for Fatally Stabbing Money Lender Over Shs 18M Loan Dispute

KATAMA COPRIANBy KATAMA COPRIANJune 12, 20262 Mins Read
Post Views: 368

Mbale, Uganda – A debt dispute turned deadly over the weekend when a man allegedly stabbed a local money lender to death over an unresolved loan amounting to Shs 18 million.

The suspect, identified as 38-year-old Simon Wekesa, was arrested on Sunday evening in Busamaga Ward, Northern Division, Mbale City, shortly after the fatal attack. He is currently in police custody at Mbale Central Police Station, facing charges of murder.

According to Elgon Region Police Spokesperson ASP Rogers Taitika, the victim, Paul Bwire, a 47-year-old well-known money lender in the area, was reportedly attacked after demanding repayment of the outstanding debt.

“Preliminary investigations suggest that the suspect had borrowed Shs 18 million from the deceased several months ago and failed to meet the agreed repayment terms. A heated argument broke out when Bwire visited Wekesa to follow up on the payment,” ASP Taitika confirmed.

Eyewitnesses say the confrontation quickly escalated into violence. In a fit of rage, Wekesa allegedly picked up a kitchen knife and stabbed Bwire multiple times in the chest and abdomen. The victim bled profusely and died on the spot before any help could arrive.

Police say the murder weapon has been recovered and will be submitted for forensic analysis. The suspect was apprehended while attempting to flee the area.

Bwire’s body was transported to Mbale Regional Referral Hospital Mortuary for a post-mortem examination.

The incident has sent shockwaves through the community, with residents expressing outrage and fear over the increasing number of violent debt-related crimes.

“This is a heartbreaking and senseless act,” said local LC1 chairman Geoffrey Wanyama. “People must resolve disputes legally. Taking a life over money is unacceptable.”

Police have urged the public to seek lawful means for conflict resolution and warned that anyone found engaging in mob justice or retaliatory acts will be prosecuted.

READ MORE  Parents Fear For Missing Daughter as Decomposed Body Discovered In Kyampisi

Wekesa is expected to appear before the Magistrate’s Court in the coming days as investigations continue.

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • More
  • Click to share on WhatsApp (Opens in new window) WhatsApp
Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn WhatsApp
Previous ArticleSudhir Ruparelia and the Investments Powering Uganda’s Future Growth
Next Article Six Children Dead After Eating Suspected Poisonous Mushroom
KATAMA COPRIAN
  • Website

Related Posts

BUSTED DANCING: Famous Pastor Caught Red-Handed Dancing Kinawolovu With Church Girl

October 29, 2026

Shock as Murdered Student’s Phone Is Found in Church Offering Bucket

October 28, 2026

VIDEO!! Famous Pastor Filmed Shaving Private Parts Of His Female Followers During Church Service – Claims He Got A Command From God

October 27, 2026
Add A Comment
Leave A Reply Cancel Reply

Latest Updates

SAD NEWS!! Police Officer Killed by Falling Tree in Kasese

Ruparelia Group Expands Premium Office Space and Hospitality Facilities Across Uganda

Sudhir Ruparelia’s Paradise Island Resort Sets New Standard for Solar-Powered Tourism on Lake Victoria

BUSTED DANCING: Famous Pastor Caught Red-Handed Dancing Kinawolovu With Church Girl

Shock as Murdered Student’s Phone Is Found in Church Offering Bucket

Sudhir Ruparelia’s Debt-Conscious Investment Strategy Drives Property Expansion

Load More
Latest Posts

SAD NEWS!! Police Officer Killed by Falling Tree in Kasese

Ruparelia Group Expands Premium Office Space and Hospitality Facilities Across Uganda

Sudhir Ruparelia’s Paradise Island Resort Sets New Standard for Solar-Powered Tourism on Lake Victoria

BUSTED DANCING: Famous Pastor Caught Red-Handed Dancing Kinawolovu With Church Girl

Trending Posts

Maersk CEO Vincent Clerc Speaks to ‘Massive Impact’ of the Red Sea Situation

January 20, 2021

Review: Russia’s Putin Sets Out Conditions for Peace Talks with Ukraine

January 20, 2021

10 Trends From the Fall 2021 Season That Predict Fashion

January 20, 2021
Advertisement
Demo
Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

News

  • World
  • US Politics
  • EU Politics
  • Business
  • Opinions
  • Connections
  • Science

Company

  • Information
  • Advertising
  • Classified Ads
  • Contact Info
  • Do Not Sell Data
  • GDPR Policy
  • Media Kits

Services

  • Subscriptions
  • Customer Support
  • Bulk Packages
  • Newsletters
  • Sponsored News
  • Work With Us

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.