Block 8
FARUK KIRUNDA: I Smell Another Rat- In Visa Business
Uganda is under attack from many corners and some fellow Ugandans are working with our foreign enemies. For a long time, Uganda is the target of affronts from foreigners interested in controlling our affairs at a time we should be shaking off the last vestiges of colonialism. Neo-colonialism is ripe and if we are not…
Senior City Lawyer’s Property Grabbing Scheme Exposed In Kololo Land
The 41-years property grabbing scheme in which a city lawyer Yesero Mugenyi allegedly denied family members access is in its final stage of completion in the favour of the original proprietor, Abdu Nassar. Nassar, a former Permanent Secretary of the Ministry of Presidency during Idd Amin’s regime and his family were embroiled in an unnecessary…
Crane Bank Shareholders On Cloud9 Again Over UK Court Ruling, Vow To Milk Billions From DFCU Bank Over ‘Fraudulent’ Takeover, Disturbing Their Peace!
Crane Bank and its shareholders are on cloud nine following a Wednesday ruling where the Court of Appeal from the High Court of Justice, Business and Property Courts in England, overturned the lower court’s decision, which had exonerated DFCU bank and its shareholders from accusations of fraudulently taking over Crane Bank. In a statement inked…
Crane Bank Ghost Ranges On: Embattled Dfcu Bank Fires AG CEO William Ssekabembe
The board of Directors of the embattled Dfcu-Bank has sacked its Acting Executive Director who doubled as chief commercial officer, William Ssekabembe. The company secretary, Angelin Namakula Ofwono, revealed his sack announcement. Ssekabembe with an experience of over 24 years in the banking sector leaves the struggling bank after 11 Years of service at DFCU…
Luxurious Speke Resort Munyonyo Set To Host 2nd G-25 Africa Coffee Summit
Uganda is gearing up to host the prestigious 2nd G-25 Africa Coffee Summit (ACS) which is set to be a platform for showcasing the continent’s vast coffee potential in the world. The conference organized by the Ministry of Agriculture Animal Industry and Fisheries (MAAIF) in collaboration with the Inter-Africa Coffee Organization (IACO) will be at…
Eddy Kenzo, Morgan Heritage Set To Drop Single Next Week
3 time Grammys winners Morgan Heritage will next Wednesday drop their single featuring Uganda’s BET winner and Grammys nominee Eddy Kenzo featuring S’Villa. The anticipation is high as the entertainment Arena cannot wait to see some of the top notch talent put voice together. Previously, Eddy Kenzo and Morgan Heritage worked together on “Long to…
DP To Hold Countrywide Sensitization on Cooperation Agreement,Peace Making,Reconciliation
The Democratic Party (DP) has embarked on internal sensitization of its members across the country about the cooperation agreement after the home coming party that was held in Northern Uganda on Saturday, July 22, 2023. The Deputy President of the party, Fred Mukasa Mbidde, during a press conference held at City House in Kampala on…
‘They Should Be Put On Cross For Agonizing a Stable Institution’- Panic As London Court Calls For Prosecution of Corrupt BoU Officials Who Conspired With Struggling DFCU To ‘Steal’ Crane Bank
3 revered judges of the Court of Appeal in London are astonished that a group of dubious, corrupt and deceitful officials from the Bank of Uganda who designed a plan to steal and sell off Crane Bank Limited (CBL) are not in prison. And one of the recommendations highlighted in the Wednesday judgment by the…
DETAILS: What You Didn’t Know About The UK Court Ruling That Will See Tycoon Sudhir Pocket More UGX795 Bn In The Dfcu-Crane Bank Case
City Tycoon and Banking Mogul Dr Sudhir Ruparelia, together with six (6) other stakeholders of the now-defunct Crane Bank are set to pocket billions after a major victory against DFCU Bank in an England court. The other appellants are; Jyotsna Ruparelia (Sudhir’s wife), Meera Ruparelia, Rajiv Ruparelia, Tom Mugenga and Sheena Ruparelia. The sixth appellant…
Crane Bank Saga: DFCU Troubles Deepen As UK Court Makes Major Ruling In Favor of Sudhir
The Court of Appeal from the High Court of Justice Business and Property Courts in England has issued a judgement quashing an earlier decision by the lower court exonerating dfcu bank and its shareholders from fraudulently taking over Crane Bank. The Court of Appeal contends with businessman Sudhir Ruparelia and six other applicants that dfcu…