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Oct 9 results
19:17
19:17

Supreme Court Gives Final Order Reverting Crane Bank to Sudhir Sudhir Ruparelia 1 1

The decision made on Friday by Supreme Court Justice Professor Lillian Tibatemwa Ekirikubinza follows a disagreement that has been on for six months between the Bank of Uganda and Sudhir Ruparelia on whether the final order that needs to be enforced should also reflect that the bank is reverted back to the businessman.
13:40
13:40

Former Post Bank Officials Lose Bid to Block Suspension Post bank Uganda 1 Top story

The officials appeared before the Anti-Corruption Court on May 2nd, 2019 for causing the bank a financial loss of more than Shillings 4 billion meant for different services and supplies involving Compulynx Uganda Limited, which was supposed to offer e-banking related services.
18:50
18:50

Activist Loses Bid to Quash Appointment of Bank of Uganda’s Director Supervision 1

It adds that, “therefore, the question of time starting to run from the date of the final decision cannot arise in the circumstances since the final decision is not an issue before this court”.
17:15
17:15

Judiciary Starts Refunding Bail Cash Through Mobile Money Stanbic Bank 2 1

After ordering the refund through the interface the ministry shares with the bank, Bigirimana notes that he authorizes BoU to send it to Stanbic Bank with which they have a Memorandum of Understanding and it's the one that sends the refund to people's mobile money numbers which are supposed to be registered in the applicants real names.
18:59
18:59

DPP Withdraws Charges Against BoU Staff over Dubious Cargo on Currency Plane Bank of Uganda 2

The trio has been in court for having allowed the inclusion of unauthorized cargo on a plane chartered by Bank of Uganda on its way between France, Belgium and Entebbe International Airport on April 26 2019.
14:59
14:59

Gov't Asks Court to Dismiss Case Against BoU Director Supervision Bank of Uganda 1

According to Odoi in his affidavit URN has seen, unless court considers that there is good reason for extending the period within which the application shall be made, one cannot file such after three months after a decision has been taken.
15:04
15:04

How Sudhir Defeated BoU to Retain Crane Branches Bank of Uganda 1 1

The court found that Crane Bank majority shareholder were non-Ugandans based in Mauritius who under the land Uganda were not legible to holding freehold registered land.
14:40
14:40

Court Dismisses Jaffery Forex Bureau Suit Against BoU Musa Ssekaana 1 Top story

The lawyers led by Faisal Mularila and Alvin Jabbo noted that the decision to revoke the company's license stemmed from allegations by Bank of Africa against the bureau for alleged involvement in illicit transactions, which caused the bank a loss of colossal sums of money.
18:00
18:00

Dfcu Retains Interest in Former Crane Bank Properties – BOU dfcu bank 1

In a notice, Dfcu publishes 16 branches it has vacated, including the main branch at Kampala road. Others include Hoima branch, Arua branch, Ibanda branch, Ntinda, Mbrara, and Kikuubo, and Kireka branches. In total, the bank took over 48 properties from Crane bank.
Oct 9 results