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Deputy President William Ruto yesterday said the Turkish businessman Harun Aydin link to an Equity Bank loan was a political twist to his statement.
The DP, through his spokesman David Mugonyi, said the investor he helped acquire a loan from the bank was from East Africa and not the deported Turkish national. “The DP did not help Aydin get money from Equity. He helped some Eastern African investors and it was two years ago,” said Mugonyi last evening.
According to NilePost, a Ugandan news publication, Ruto and Uganda President Museveni laid a foundation stone for a multibillion Biological Drugs and mRNA Vaccine manufacturing facility at Matugga in Wakiso District. The project by Dei Group Ltd was financed by Equity Bank. “A huge investment like this would be financed by the World Bank, IMF or IFC. We are proud that our own institution Equity Bank led the way to finance this. It is a milestone,” Ruto was quoted as saying during the event.