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[QUOTE="Queen, post: 86032, member: 27"]
A dragged-out corporate feud finally got shoved back on track, locking massive ranch land while judges force an audit nobody wanted finished.

High Court forces audit restart
[LIST]
[*]Dr. Ginamia Melody Ngwatu pushed the Incafex Ltd audit forward.
[*]Killed objections framed as stalling noise.
[*]Set a 60-day deadline for a final report.
[*]Left the cost bills with each side.
[/LIST]
How the shareholder fight began
[LIST]
[*]Matthew Rukikaire dragged Incafex Ltd into court over exclusion claims.
[*]Alleged sidelining from meetings and money mismanagement.
[*]Disputed whether foreign investors ever got paid.
[*]Pushed for an audit to untangle share ownership.
[/LIST]
Appeals history and Supreme Court stance
[LIST]
[*]The Supreme Court revived earlier audit orders.
[*]Overruled a Court of Appeal win.
[*]Affirmed oppression through exclusion from decisions.
[*]Sent the case back for auditor-led resolution.
[/LIST]
Land assets locked down by courts
[LIST]
[*]Incafex Ltd faced restrictions over sprawling ranch properties.
[*]Blocked sales, mortgages, or asset shuffling.
[*]Covered estates across Bulemezi, Buruli, and Bunyoro.
[*]Some parcels are valued at past a trillion shillings.
[/LIST]
Why the audit froze for years
[LIST]
[*]PricewaterhouseCoopers had been picked as the auditor.
[*]Process stalled after authority objections surfaced.
[*]The judge ruled that administrators can authenticate records.
[*]Appeals did not pause enforcement orders.
[/LIST]
[/QUOTE]

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