It is alleged that Mudhasi had conspired with lawyers Akleo Mugisha and Martha Orishaba, and the RAM Engineering Company Director Julius Mugambagye to defraud Makerere University of 3.5 billion shillings among other allegations.
DTB's lawyer told the Principal Judge that they have an intended appeal which will be rendered useless in the event that they refund the monies before its hearing, adding that the entire banking sector shall suffer substantial and irreparable loss.
