BoU To Cough Billions In Costs After Withdrawing Appeal Against Sudhir
In an unexpected turn of events, Bank of Uganda (BoU) on 15th September announced it was withdrawing Civil Appeal No. 7of 2020 which they (via Crane Bank Limited (in receivership) has logged in the Supreme Court against businessman Dr Sudhir Ruparelia and Meera Investments Limited. In the same spirit, Bank of Uganda stated that it will…