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Police Arrest Equity Bank Key Manager Maggie Lukowe Over Wakiso Lukwanga Land Fraud 

Kamwokya Times by Kamwokya Times
March 7, 2025
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Police Arrest Equity Bank Key Manager Maggie Lukowe Over Wakiso Lukwanga Land Fraud 
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Equity Bank’s Maggie Lukoowe inside the CPS interrogation room whre she was grilled from.

By KT Reporter 

Led by Investigating Officer (IO) Aggrey Muwanika, Police detectives at Kampala CPS are inquiring into fraud and meddling with the deceased person’s estate claims against Margaret Lukowe, the Marketing Manager for Equity Bank Ltd.  

She is a daughter of the late James Tebandeke of Lungujja who was wealthy and owned a lot of land including 120 acres at Wakiso district’s Lukwanga village along the location of the new bypass road which the government of Uganda intends to construct at the  Sentema junction on the outskirts of Kampala city.  

Over the years, a female lawyer who Lukowe introduced to her late father has been at war with some of Mzee Tebandeke’s children who claim that almost half of their father’s land at Lukwanga has fraudulently been sold off to different developers.   

The old man was a wealthy polygamist and had three wives including the one at Lungujja near the homes of ex-VP Sekandi and UCC boss Nyombi Thembo. It’s where Lukowe, the 3rd born child of Mzee Tebandeke, grew up from while attending school at Gayaza, Makerere college and eventually Gayaza.   

Margaret Lukowe’s other siblings include Daniel Kisekka, Damalie Kagere who lives in the US, Edward Tebandeke, Dorothy Nakalema, Cilia Nalwadda, Geraldine Ndagire, Ronald Magezi, Roy Rose Nantale and Debora Kutesa among others. 

 Recently, three of the Tebandeke siblings (Kutesa, Magezi and Nantale who works at UHRC) reported a forgery case at CPS against Lukowe and the female lawyer claiming that their late father’s signature had been forged to facilitate curious sale of family land at Lukwanga.   

The trio claims that there is no way the Lukowe-backed female lawyer can rely on the so-called power of attorney to participate in the selling of their father’s land because the letters of administration take precedence in management of deceased persons’ estates.  

 The female lawyer replaced counsel Jim Rogers Katende who had loyally served as Mzee Tebandeke’s family lawyer for many years without indecent.   

On receiving the complaint against her, the CPS operatives had Lukowe herded into CPS’ room 53 from where she was grilled for several hours.   

She was informed of the forensic investigations that had commenced to inquire into the authenticity of the controversial signatures that had been relied upon to facilitate the selling of Mzee Tebandeke’s land.   

Lukowe, who is one of the many actors being investigated under GEF/KMP/165/2024, claimed that she and others hadn’t been appropriately advised by some of the lawyers they had been relying on in the management of the deceased Tebandeke’s estate.   

She was briefly held and subsequently released on Police bond, according to which she is required to report to CPS on a weekly basis.  

 Some of the actors to whom some of the land has been sold include Stuart and Musinguzi of MOVIT products who in 2021 parted with 100m and in return became the owner of 44 acres at Sentema. Just like that.   

Some of the Tebandeke siblings have since protested this as inappropriate arguing that 100m would be too little to acquire 44 acres in a prime place like Sentema.   

This is one transaction for which Margaret Lukowe, a high reputation marketing PR guru with friends inside MOVIT group, is being required to explain herself about.   

A former CBS radio celebrity presenter, Maggie Lukowe was for many years known to be married to a one David Ssenyonjo, a prominent car dealer in Kampala. They lived as husband and wife at their glamorous residence at Mazzi off Entebbe Road. Together they have three children namely a set of twins and a one Kizza. The well-off parents send their children to one of the international schools in Kampala.   

Margaret Lukowe can afford opulent life for her children because she has always held lucrative PR jobs including serving as the communications manager for ex-Prime Minister Amama Mbabazi’s Go Forward campaign in 2016. Even at Equity, she earns very good pay per month.  

 Their father exposed them to a previledged upbringing as he worked as the marketing manager for Ug Motors Uganda Ltd which specialised in importing brand new cars into the country. It those days was a competitor of Wavamunno’s Spear Motors.   

They grew up in Lungujja where they had access to all manner of good life as children growing up. Some of Mzee Tebandeke’s wives included Agnes Nakiwala, Joyce Tebandeke and others. He was a wealthy polygamist who could afford any number of women.   

James Tebandeke, who died in 2019 and was buried at the family’s burial grounds in Kasangati along Gayaza road, acquired the 120 acres at Lukwanga through inheritance.   

It was bequeathed to him by his grandparent Nimrod Etuusa. And in February 2011, James Tebandeke partitioned his land into 17 plots and titled each one of them.  

It all totals to 120 acres, much of which has since been sold off under very intriguing circumstances hence the protracted battles to redeem it back which has seen Kutesa, Magezi and Nantale represent the rest of their aggrieved siblings to petition and lodge complaints to several offices of the government of Uganda including the IGG, state house anti-corruption unit and Gen Lukyamuzi’s land desk inside state house.   

They have had to petition some of these offices because some of the people they are complaining against are employees of the government of Uganda. Give us feedback on this story through our email: kamwokyatimes@gmail.com 

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