King Ceasor Mulenga’s Gemtel Telecom Company’s operations in South Sudan have hit a snag prompting the Ugandan tycoon to approach powers that be, unfortunately in vain.![]()
In 2006, King Ceasor, the I-Telecom’s CEO and the then proprietor of Gemtel, secured a franchise from Uganda Telecom Ltd (UTL) to use its national code (+256) in South Sudan.
This deal was variously questioned by Members of Parliament especially because there was no known agreement between the two governments of South Sudan and Uganda. The implication is that Uganda lost millions of shillings for usage of the code without paying direct taxes to government.
Whereas, Mulenga repeatedly claimed that his Company was remitting 50,000 dollars to UTL monthly, the operations of Gemtel remained shrouded in mystery.
Our Desk has received Intel that Mulenga was able to pull of this feat with the aid of two powerful Ministers at the time, who were actually part of Gemtel Directorate.
The Intel further indicates that in 2010, Gemtel sold 80% of its shares to a Libyan Arab Investment Portfolio (LAP) Green Networks.
This is when Mulenga, allegedly pocketed most of the proceeds from this sale cheating the two Ministers and other high ranking officials in government who facilitated the initial deal who are up to date very disgruntled.
Interestingly, the Operations License that the South Sudan government eventually gave to Libyan owned Gemtel is up for renewal requiring the assent of all the directors. (Remember the original Gemtel Directors remained with 20% of the shares).
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