Serenity Group in Uganda rejects reports of Sri Lanka PM investing $10 bn
Posted on April 26th, 2022

Courtesy The Daily News

The Serenity Group Ltd. in Uganda has vehemently denied the social media reports which have said that Sri Lankan Prime Minister Mahinda Rajapaksa has invested USD 10,000 million (USD 10 billion) in the group of companies.

In a public statement, the company said it was brought to their attention that an article is circulating rampantly on social media, alleging Sri Lankan prime minister Mahinda Rajapaksa to have invested USD 10,000 million (USD 10 billion) in their group of companies in Uganda.

We categorically and vehemently reject these claims and allegations to be inaccurate, baseless and untrue,” the Company said.

It is apparent that these were written by misguided individuals who have no knowledge of our inception and the growth we achieved through debt financing from reputed private banks in Uganda and Sri Lanka.”

Not only have they taken most information such as company names, photographs and locations from our official website and social media accounts without our consent and reposted with distorted meaning. They neither contacted any of us for comments or feedback up-to-date,” the company said. The Serenity Group of Companies in Uganda says it initially chose not to engage and respond to such baseless, cheap political propaganda, but later decided to issue the notice to the public for clarity and full disclosure in protection of their goodwill and the reputation of the group.

The company hopes to issue a detailed statement in the future and has posted an email id ( for further inquiries.

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