Musician Angella Katatumba is reportedly not doing well financially, as she is currently choking on a number of accumulating debts, and reports say some creditors are apparently on her neck.
However, Angella Katatumba was last seen midway through last year with a new Land Cruiser, allegedly in honor of her late father.
According to our moles, the musician is reportedly financially bedridden to a tune over Sh1bn. The accumulation of these debts allegedly rose in 2009 after she was involved in a financial fraud of Sh67 million while at Hotel Diplomat in Munyonyo.
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Apparently, the Katatumba family had earlier started the renovation of their family home mansion located in Mbarara city, but it is currently on hold because of financial constraints.
More so, other debts that are still accumulating include the famous Chicken Tonight video case and the New Vision defamation case, which is lately rising to billions.
Additionally, apparently one Samuel Bruhan is demanding a sum of Sh250 million. Stanbic Bank and Bank of Africa have also been demanding sums of money.
In conclusion, Angella Katatumba became the face of both the Katatumba family and their business after the late demise of her father. Prof. Boney Mwebesa Katatumba (RIP)
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