WAKISO — A director of Detail Security Company Limited has been remanded after being accused of mixing copper, zinc and cobalt and passing the resulting material off as gold bars in an alleged scheme to defraud investors.
Akampulira Isaac Rukanda was charged at Kajjansi Chief Magistrates Court with storing minerals without a licence and mixing minerals with intent to defraud.
He was remanded until September 16, 2026.
According to the prosecution, Akampulira and other suspects who are still at large allegedly kept copper, zinc and cobalt at Detail Security Company Limited premises in Lweza, Kajjansi Town Council, Wakiso District.
The alleged offences are said to have occurred between February 2025 and August 2026.
Prosecution alleges that the suspects mixed the minerals in varying proportions before presenting them as gold bars to potential investors.
The State House Anti-Corruption Unit, working with the Criminal Investigations Directorate and the Office of the Director of Public Prosecutions, brought the charges against Akampulira.
The case adds to ongoing investigations into suspected mineral-related fraud involving the company.
Further proceedings are expected when Akampulira returns to court on September 16, 2026.
He remains innocent unless and until proven guilty by a court of law.
