City businessman Hassan Basajjabalaba has been remanded to Luzira prison.
This is after he appeared before the Anti-Corruption from where he was charged with forgery and uttering a false document and defeating taxes.
He is alleged to have forged a consent judgment used in evading taxes on 142 billion shillings he received from government, following the cancellation of market tenders.
Basajjabalaba applied for bail on grounds that it is his constitutional right and that he had presented substantial sureties before the court.
He stated that he has a permanent residence and cannot run away.
The state attorney Lillian Omara however asked for more time to reply to the bail application but indicated that she had plans to oppose it.
The Anti-Corruption Court Chief Magistrate Irene Akankwasa has adjourned the case until tomorrow 2.00pm.
Meanwhile, the Director of Private Prosecution has condemned the attempt at private prosecution of the tycoon seen yesterday, as an attempt to stop him from executing his mandate.
