Ex-tycoon Emmanuel Lwasa has developed a new hatred for women.

Lwasa explained that women brought down his estate as they always wanted to live luxurious lives at his expense.

In an interview with a local YouTuber, Lwasa said he spent a lot of cash on women, particularly in gifting them rides, jewelry, and maintaining their luxurious lifestyle.

"I even lost interest in women. They brought me down because I would do everything to make them happy. I used to spend a lot of cash on them, but many still left unsatisfied," he partly said.

Lwasa announced last month that he went bankrupt and was seeking rescue from President Yoweri Museveni.