Isaac Ssemakadde Breaks Silence on Gold Scam Involving American Investor

Uganda Law Society (ULS) President Isaac Ssemakadde Kimaze has spoken out on allegations that he was involved in a fake gold scam involving an American investor and businessman.

Since February 2025, reports have named Ssemakadde, his partner at Maxim Advocates Sheilah Namahe Wagidoso, businessman Mohamed Abdi Rashid, and an official from Stanbic Bank Uganda as some of the people involved in the scam.

And as American businessman Robert Turner moved to bolster his claims as someone who was defrauded (according to his allegations), NBS Television put together a report titled “Bang the Gold: Radical new gold scam.”

Isaac Ssemakadde, whose woes include his troublesome relationship with the judiciary, campaigned to ‘bang tables’ as he promised to revolutionize the legal profession and to hold the judiciary accountable.

He promised a radical new bar.

“… we are getting back on track and those tables paid for by the taxpayer, shall be banged. It is in the public interest therefore, to  increase access to justice,” he said during the 2024 ULS annual general meeting.

“As a public interest attorney, it is clear to me that increasing access to justice must be a primary goal of the radical new bar.”

By titling its report “Bang the Gold: Radical new gold scam,” the station seemed to play with Ssemakadde’s slogans.

The ULS president has  now reacted to the report by NBS telling the station “see you in court!”

Ssemakadde also said the report was an act of smear campaign against him, and insisted he had no idea what the transaction was about.

“As President of the Uganda Law Society, I uphold legal integrity, not false narratives,” he wrote.

“I condemn the orchestrated smear campaign against me, fueled by baseless leaks from a flawed investigation into a transaction I know nothing about.”

You can read more on the allegations against Ssemakadde Here.

It should also be remembered that the scandal is coming to the fore after twin sisters exposed secrets on how their relationship with Isaac Ssemakadde failed. (See Details Here and There).

The so-called fake gold scandal among the many that have been reported in recent years, with foreign investors being conned of billions. Months ago, shocking details emerged of how Ugandan fraudsters claiming to be Museveni’s close  relatives reportedly conned foreign gold investors. (See Details Here and There).

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