Supreme Court ruling on Bank of Uganda versus Sudhir Ruparelia in Shs 397 billion case confirms Auditor General’s report that BoU officials swindled the cash in CBL sale. The Supreme Court on February 12, 2022 upheld the earlier rulings of the High Court and Court of Appeal that the Bank of Uganda (BoU) must pay…
Pressure and panic from Bank of Uganda (BoU) officials continue to leak to the public over the recent Supreme Court ruling in which the Bank was ordered to ‘vomit’ mogul Sudhir Ruparelia’s Crane Bank but also cough to him billions of all the charges he has incurred in the last five years of endless legal…
Uganda’s Motorsport Senior Driver Rajiv Ruparelia has vowed to not only ‘slaughter’ the senior drivers in the game but ‘roast’ them ahead of the Kaliro Sugar Rally happening next week in Eastern Uganda. The three-day much-anticipated event is set to take place in areas of Iganga & Jinja from 11-13 March 2022. Rajiv who earlier…
By Dr Okodan Akwap Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding top-notch meetings, such as the upcoming Non-Aligned Movement summit. But government can do something even better – partnering with Sudhir to reopen Crane Bank, which was closed by the Bank of Uganda (BoU)…
State Minister for Lands Sam Mayanja has run to Prime Minister Robinah Nabbanja for rescue after his alleged mishandling of Nakawa-Naguru land deals backfired with stakeholders now becoming violent citing suspected foul play. In a letter dated Wednesday, February 23, 2022 to the Prime Minister and describing the matter as “very urgent”, the embattled minister,…
The Central Bank of Uganda (BoU) has finally broke silence on the landmark defeat sustained last week when the Supreme Court of Uganda directed that it reverts the management of Crane Bank back to its shareholders after establishing that the bank was fraudulently closed and later sold out to DFCU Bank in 2018. In the…
Experienced Sports Administrator Patrick Ssebuliba has expressed his readiness and promised to turn Victoria University into one of the powerhouses of Sports in the country. Ssebuliba joined Victoria University as a sports administrator in 2020 after ending his spell at Nkumba University where he had helped the Entebbe-based institution win over 300 trophies across all…
Drama ensued at Parliament on Thursday February 24th, 2022 after the Chairperson of the Uganda Human Rights Commission (UHRC) Mrs. Mariam Wagandya, appeared before the Parliamentary Committee on Human Rights and failed to present the findings of the Commission on torture and arbitrary detention of several Ugandans. Wangadya appeared before the Committee following the directive…
The government of Uganda and businessman Sudhir Ruparelia are finalising a joint venture blueprint to build a modern Convention Centre at Commonwealth Speke Resort Munyonyo to host the Non-Aligned Movement (NAM) summit later next year. The architectural designs and bill of quantities for the engineering works are still being prepared, but the construction is estimated…
