By Stuart G-Khast
Da Nu Eagles boss Geoffrey Lutaaya still regrets the day he took a 36 Million loan from Stanbic bank.
The singer who recently lost his Entebbe road based Durban hotel which he had used as collateral is said to be choking on other debts, according to our sources.
The singer has reportedly put on sale his cars and some land so as to cover the pending debts and also maintain his slowly sinking music empire.
According to sources, Lutaaya has two cars – Toyota Harrie and Lexus RX 2000 model for sale in one Nakawa based bond where he is expecting close to 50 million shillings. His wife is said to have also sold off some of her land to cover a few other debts.
We continue to pray for the couple to get back on their feet again.