Kampala, Uganda.
August 17,2021—The self-proclaimed richest man in South Sudan, Lawrence Lual Malong Yor Junior has been sentenced to 6 years in prison in Uganda over gold scam worth millions of dollars.
The controversial business man, who is commonly known as “Young Tycoon” was arrested by the Ugandan security operatives in his Hotel on November 11, 2018 over the widespread video in which Lawrence Lual was recorded playing with a lot of cash money claiming that he was blessed by “his Jesus Christ” with billions of dollars.
In a statement seen by Nyamilepedia, Lawrence Lual Malong, who is allegedly rumored to be a son of Gen. Paul Malong, the SSPDF’s former Chief of General Staff , has been sentenced to six years in prison for defrauding Ethiopian businessmen their fortunes in gold scam.
“Ugandan High Court Anti-Corruption Division sentences South Sudanese “tycoon” Lawrence Malong, Congolese Mike Lota and Ugandan lawyer Gavana Zhikusoka over $1m gold scam”,the statement reads.
“The trio defrauded Ethiopians. Malong gets 6 years, Lota 4 years and Zhikusooka 5 years”, it added.
The young tycoon branded himself as the richest South Sudanese businessman but up to now his sources of wealth were never genuinely verified.
Upto two years ago, many South Sudanese believed that he was a son of Gen. Paul Malong Awan; however, both Lawrence and Malong denied such speculations in a televised interview citing that when someone said you are son to another man it tantamount to an insult according to Nilotic norms and Dinka culture in particular.
South Sudan has had similar cases involving politicians, who barely had no wealth 10 years ago but are now multi-millionaires, with undeclared sources of wealth.
