Self proclaimed South African based ‘tycoon’ Katcha D bank is allegedly stuck in the country after failing to pay back a loan he took in December to help organize his pompous money and fame party at club guvnor.
It is said that Katcha took a loan of about 8 millions shilling from a local money lender in ‘Kikubo’ to help ease in the process of organizing his party at club guvnor.
The showy socialite had hoped to clear the debt at the end of the festivities but it seems all his dime were eaten up by hungry Kampala slay queens.
Before being given the loan, it is alleged that the money lender asked for Katcha’s passport to be used as a security something he gladly did well knowing he would pay back the money in time.
It is now coming to February but Katcha is still stuck in Kampala eating roasted rolex and Kikomando as money to pay the lender is nowhere to be seen
As usual some Ugandans on social media reacted on news of Katcha’s failure to pay back the loan on time with quite interesting jokes
A one Martey David said ”any man who tries to cover his bald with dye is a broke nigga.”
The Maverick is a seasoned Journalist and writer currently working for Galaxy FM. Connect with him on Social Media using the links below