Businessman Hassan Basajjabalaba has told Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that he is seeking compensation from Government over the cancellation of his company’s deal to redevelop Kampala’s 2.5-acre City Square.
Appearing before the committee, Basajjabalaba said his company won the tender in 2001 and paid Shs1.635 billion to the then Kampala City Council (KCC) as a premium for the project.
According to Basajjabalaba, the proposed redevelopment was designed to preserve the green space above City Square while placing commercial activities underneath.
He told the committee that the agreement provided for a five-year lease beginning in 2002, with an option to extend it for another 49 years.
However, the project was later halted and became part of Basajjabalaba’s broader compensation claims against Government arising from cancelled market and property deals.
Basajjabalaba also told the committee that he was surprised after seeing a letter from President Yoweri Museveni calling for a study into the proposed development of the City Square land.
He questioned what would happen if Government eventually awarded the same property to another party, saying he was waiting to see whether “one property will be given to two people.”
The matter forms part of the businessman’s long-running claims for compensation over deals involving Government property and markets.
🇺🇬 WATCH: 𝗕𝗔𝗦𝗔𝗝𝗝𝗔𝗕𝗔𝗟𝗔𝗕𝗔 𝗦𝗔𝗬𝗦 𝗚𝗢𝗩𝗘𝗥𝗡𝗠𝗘𝗡𝗧 𝗛𝗔𝗦 𝗕𝗘𝗘𝗡 “𝗛𝗜𝗗𝗜𝗡𝗚” 𝗕𝗘𝗛𝗜𝗡𝗗 𝗖𝗢𝗨𝗥𝗧 𝗖𝗔𝗦𝗘𝗦
Hassan Basajjabalaba told COSASE that continuing litigation had prevented resolution of his compensation dispute because Government kept citing… pic.twitter.com/VLFXhNXSzm
— Parliament Watch (@pwatchug) September 23, 2026
Related posts:
Drama In Parliament As COSASE Summons Hassan Basajjabalaba Over Shs140 Billion Guarantee
Lordmayor Balimwezo Storms City Square to Protest Against the Proposed Commercial Development
COSASE Orders Arrest Of UHRC Boss Mariam Wangadya After She Skips Parliament Summons
Drama In Mpigi: Empty Concrete Graves Erected In Road Construction Land Compensation Scam
Insurance Regulatory Authority Leadership Scandle As MPs Halt Probe Over Who Is Really In Charge
Parliament Summons KCCA Officials Over Kampala’s Recurring Flooding Crisis
