Capital Chicken adverts have been running on mainstream media (mainly on radios and TVs) targeting people with money but with limited time to monitor their projects. Capital Chicken would attract customers by promising about 40% return on investment. Apparently, the company would invest the money in poultry business.
As a result Ugandans mainly corporates invested their hard-earned money to this non-existent scheme.
It is alleged that between the years 2021 and 2023, CAPITAL CHICKEN operated an office along Kanjokya Street in Kampala Central Division, where individuals entrusted their money for investment, with the promise of returns.
Initially, this operation appeared to run smoothly, but recently, concerns arose as some members encountered unusual behavior from the management.
Reports indicated that members were being asked to “come back later” when visiting the office for transactions.
On September 29, 2023, the situation escalated when individuals arrived at the office to find it unexpectedly closed. In light of these developments, concerned citizens promptly reported the matter to the police.
ASP Luke Owoyesigyire, the Deputy Public Relations officer for Kampala Metropolitan Police, in a statement dated October 04, 2023, says the Kira road Police Central Police initiated investigations under case numbers GEF 38/2023 and GEF 39/2023.
“Statements have been recorded from 41 victims, shedding light on transactions totaling approximately 1,641,376,000 Ugandan Shillings. Furthermore, relevant documents pertaining to these transactions have been recovered to aid in our ongoing investigation,” he says, adding: “Currently, the primary suspects in this case are identified as;Wamanga Pius , Sempebwa Ernest and others.”
Police assures the public that this matter is being treated with utmost seriousness.
“Our investigators are diligently working to uncover the facts surrounding this alleged fraud. We understand the concerns of the victims and the public, and we are committed to bringing this investigation to a swift and just conclusion. We encourage anyone who has been affected by the company or has information related to this case to come forward and cooperate with our investigators,” Owoyesigyire said.
