Home ENTERTAINMENT VIDEO: Faded Tycoon Lwasa Breaks Silence on His Financial Woes

VIDEO: Faded Tycoon Lwasa Breaks Silence on His Financial Woes

Businessman Emmanuel Lwasa has blamed his financial struggles on the people of Masaka.

Last week, Equity Bank put Lwasa’s Tavern Kick situated in Masaka on sale due to failure to clear a loan.

According to Lwasa, the financial hardships are due to the people of Masaka who failed to support his businesses and could instead buy them beers

“I blamed the people of Masaka, they are fake. They failed to support my businesses in their area. I used to trade beers but the people of Masaka used to free things, they could come to my club without buying anything and i decided to give them free beers. I blame them for the collapse of my businesses,” Lwasa.

Lwasa asserts that he used his savings to marry women

“I used my savings to marry women not money from my businesses.” Said Lwasa during an interview with Spark TV.


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