Muhammed Kakumba Steals 7 Billion Shillings from Airtel

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Muhammed Kakumba, a businessman at Namagoma Village in Wakiso District has been charged and sent on remand at Luzira Government Prison for allegedly stealing over 7 billion shillings from Airtel Uganda through a computer network.

However, Muhammed Kakumba, aged 31 and a resident of Namagoma, was arraigned before Buganda Road Court Chief Magistrate Ronald Kayizzi and denied the allegations. Kakumba was charged with one count of electronic fraud and theft.

The prosecution, represented by Ivan Kyazze, states that Kakumba and others were still at large between October 27th and 28th, 2022, in Kampala or thereabout, with the intention of procuring unfair or unlawful gain.

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Furthermore, he deliberately transferred money amounting to 7, 617,860,000 billion shillings from Airtel Money Uganda Ltd.’s (AMCUL) Bank Money platform to 1496 Airtel Mobile numbers, where the action was performed through a computer network.

He has been ordered to return to court on January 15, 2024, for mention of the case.

In conclusion, we shall keep updating our dear viewers and subscribers about the updates of the man who stole the $7 billion from the Airtel company.

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