Residents of Akright City estate in Bwebajja off Entebbe Road woke up in shock on Friday after heavily-armed military intelligence personnel stormed the area.
Wearing plain clothes, the armed security forces sealed off the expansive home of Smart Protus Magara.
The grand residence, replete with CCTV cameras to provide comprehensive surveillance of the property, sits on two acres of land.
It boasts a swimming pool, outdoor kitchen, and a guest house larger than the mansions of most millionaires in the country.
Eyewitnesses spotted about 20 CMI operatives wielding automatic rifles along the entire perimeter wall.
Kampala Metropolitan Police spokesperson, Luke Owoyesigire confirmed the raid on the property, saying Magara had been arrested and weapons recovered from his luxurious home.
“It’s true, CMI and Police recovered an AK47 rifle and three magazines full of bullets from Magara’s home,” said Oweyesigire.
Each magazine contains 30 bullets, implying 90 bullets were found at Magara’s place of abode.
“CMI operatives were first at the scene. We (police) joined them later,” he added.
Upon inspection, said Owesigire, it was discovered that the gun had serial numbers of the UPDF.
“Magara said he received the gun from UPDF. When we asked him to provide documentation to prove his assertions, he couldn’t give us any,” said Oweyesigire.
“So, he is likely to face charges related to illegal possession of a firearm,” he added in an exclusive interview on Saturday.
While Magara lives a luxurious life, his source of wealth remains a mystery.
It is suspected he is an associate of D9 Club, an internet-based financial pyramid ponzi scheme which was banned in Rwanda.
The National Bank of Rwanda Governor John Rwangombwa recently announced the ban on the illegal organisation which he said had “illegally set its foot in the country and was operating under the name of Smart Protus Magara through his account number 10021007211913 in Equity Bank Uganda.”
Rwangombwa notified banks of “this scam” and required them to put in place “adequate controls to prevent transfer of funds to this scheme and stop its spread across the country.”
The scheme remains operation in Uganda and Kenya.
Oweyesigire said Magara “was being monitored for some time” before Friday when he was detained and interrogated by CMI operatives.
He said Magara was by Friday night being held at CMI headquarters in Mbuya.
Army spokesperson Brig Richard Karemire was not readily available for comment when we posted this article on Saturday morning.
The development comes at a time the army is intensifying its crackdown on armed criminals in the country.
CMI operatives recently arrested Boda Boda 2010 militia commanders Abudallah Kittata and his brother Huzair Kiwalabye as part of a wide investigation into the brutal murder of Case Hospital Accountant Francis Ekangular in Kampala.
Ekangular’s charred body was found in Kajjansi along Entebbe Road, sparking a huge public outcry.
The development also follows a string of armed robberies along the Entebbe Expressway.
Magara’s arrest has since caused a stir in the developed estate known for its beautiful lawns, neat rows of nearly identical red-roofed houses, office parks and golf course.
The upscale suburb boasts plush residences of wealthy businessmen, Ministers, powerful government officials and chief executives of international organizations in Kampala.
The current Chief Government Whip in the Ugandan Cabinet, Ruth Nankabirwa lives in Akright City estate.