Following the freezing of their bank accounts, capital chicken has come out to clear the air about the closure of its operation in Uganda. Below are the details
RE: CAPITAL CHICKEN OPERATIONS
Our attention has been drawn to various social media platform messages indicating that we have closed and disappeared with our Farmers Money.
We have been forced to temporarily close following a Capital Markets Authority News Release discrediting us about two weeks ago and the subsequent freeze of our Accounts by the FIA that has made it impossible for us to run normal operations.
We call upon our Farming Partners to be calm as we navigate the Turbulence created by the various agencies who should have instead engaged us on Regulatory issues if indeed, the intention was to streamline our operations.
All our client contracts are protected , we ask all our farming partners to stay calm as we look forward to resume operations. Like a Phoenix, Capital Chicken shall rise, again. For God And Our Country, Management. 3/10/2023.