Latest Posts

Justice Mubiru On Spot For Shielding Centenary Bank In Shs50M Fraud Case

The head of the High Court Commercial Division Justice Stephen Mubiru literally threw under the bus a bank client one Aida Atiku when he absolved Centenary Bank of any liability of fraud occasioned to Ms. Atiku’s account.

On July 18th 2022 making a ruling in a case in which Aida Atiku had sued Centenary Bank for withdrawals made on her account allegedly without her consent, Justice Mubiru stated that “it is the customers responsibility to keep their banking information, user IDs, passwords and PIN numbers confidential. Account take-overs happen when fraudsters acquire the login details of a legitimate user and then use the account as their own.”

Yet in Ms. Atiku’s case she had sought court orders to compel centenary bank to refund more than UGX 50m which she claimed was fraudulently withdrawn electronically from her account over un disclosed period.

According to Ms. Atiku she opened the account in 2020 where she deposited UGX 56.3m. She stated that she withdrew UGX 700,000 only of the money. She further stated that eight months later she returned to the bank to withdraw the rest of the money but there was no money in the account.

She was informed by the bank staff that someone had over time been withdrawing diverse sums of money electronically from her account using the Cente Mobile platform, yet she had never applied for such service.

This is where Justice Mubiru came under fire from various sections of the public after he made such a reckless ruling in which he exonerates the commercial bank from any liability where the poor customer had never signed onto the platform that was used to defraud her account. Cases, where money is fraudulently debited from customers’ accounts, are now rampant.

Justice Mubiru’s recent impugned ruling means that clients dealing with commercial banks are set to find a difficult time trying to get justice whenever money is fraudulently deducted from their accounts.

Another bank that is also on the Spot for defrauding its client base is Equity Bank.

A judgment such as this one and many others before that have sent many banker customers to an early grave while the banks continue to post profits even during Covid seems to indicate that the court is in bed with the banks.

The saying that justice must not only be done but must be seen to be done does not seem to concern the courts nowadays. Something needs to be done to call the courts to order otherwise the ordinary mwanainchi will continue to suffer at the hands of their rulings.

And while President Yoweri Museveni has often said that dead banks should be buried and remains buried, in a strange twist of events the courts recently exhumed Crane bank. They handed it back to its owners over the vehement protestations of the regulator after the said owners had salted away billions of shillings of depositors’ money.

Loading

Don't Miss

EXPOSED! Muyenga Tycoon’s Maid Cited In Land Wrangle

In recent days, Muyenga, Y2K Zone a push Kampala suburb,

Parliament Orders Closure Of Fuelex Petrol Stations For Adulterating Fuel

The Parliamentary Committee on Trade And Industry led by Mbarara

Big Story: Parliament Probes UETCL Bosses Over Corruption, Mismanagement & Controversial UGX 28Billion Compensation Deal

Members of Parliament on the Committee on Environment and Natural

‘Back Off Buganda Land’ Kabaka Mutebi Castigates People Pushing For Abolition Of Mailo Land Tenure System

The Kabaka of Buganda Kingdom Ronald Muwenda Mutebi II has

Big Story: IGG Probes Over Shs1bn Ubos Fraud

The Inspector General of Government (IGG) is investigating top officials

EXPLOSIVE: How Speaker Kadaga & Confidant Hon. Okupa Spent Over US $764,000 (Shs2.8 BN) In-less Than 2 Years In Travels Abroad

Since taking office as Deputy Speaker of Parliament way back

Ham Vs DTB Appeal: Bank Of Uganda Runs Out Of Case, Leaves DTB To Carry Its Own Cross

Bank of Uganda has officially quit the case involving city

Amnesty International Joins Push To Free Presidential Runner Robert Kyagulanyi

The Ugandan authorities must immediately lift the police and military

Exporters Call For Strong Action Against EAC States’ Trade Barriers

Manufacturers have called on the government to impose tough measures

Big Story: How KCCA Officials Messed Up Youth Fund Programs, Stole Billions of Gov’t Funds In Shoddy Deals

Kampala: If there is any government Authority that frustrating President

I Predict Museveni, NRM Victory In 2021 Elections

By Faruk Kirunda Kampala: As we dive into the high

Crisis: Lord Mayor Lukwago Defies Court Order, Appoints Balondemu As Chairman K’la District Land Board

Veteran lawyer Hajji Elias Lukwago, who is the Kampala city

Scandal: Stanbic Bank Bosses Allegedly Steal Borrowers’ Land Titles, Mortgage Them To Dfcu Bank

Several officials at Stanbic Bank are in deep trouble after

Scandal: KCCA Officials On Spot For Blowing Shs 8Bn Under The Guise Of Renovating Old Tax Park

Several officials at the Kampala Capital City Authority (KCCA), are

Covid-19 Crisis: Ugandan Students Expected To Sit For UNEB Exams In March 2021

All indications are that a dead year will not be

BoU To Appeal In Supreme Court Over Trashed Crane Bank Case

The Bank of Uganda (BOU) has said it will be

Shame As Top Police Boss Is Convicted Of Car Theft, Ordered To Pay Over Shs282M

Untold shame has engulfed the Uganda Police a senior officer

Just In! Energy Mafias Rock Parliament As Patriotic Young Turks Question AIGP Akullo’s Involvement In Min. Energy Corruption

Panic has rocked Parliament as renowned Parliamentarian and Lawyer Hon.

Energy Mafias Debunked Part III: How Werikhe, Turyagyenda Corruptly Swindled Shs15 Bn For 3 Electricity Distribution Projects In Acholi, Bunyoro & Kiruhura

FUNDING THE COUP THROUGH ENERGY AND MINERALS CORRUPTION By the

Just In: Top Energy Officials Fired On Presidential Orders Over Massive Theft Of Electricity Distribution Funds

By Our Reporter Kampala: Two senior officials of Rural Electrification

Salary Scam Hits KCCA AS 29bn Is Paid To Ghost Workers

After Eng Andrew Kitata took over as the acting Executive

Merriment! Sanyu FM’s Hot Mic Unveils Top 50 Finalists

Sanyu FM Hot Mic Search has today unveiled its top

Hopeful! Coronavirus Vaccine Developed By British Scientists Ready For Testing In June

By Agencies A team of British scientists have said a