Ham Enterprises Shs120Bn Case Exposes Diamond Trust Bank’s Litany Of Fraud Scandals; Bank Turns Into Village Sacco, Faces Closure Due To Undercapitalisation
The days of Diamond Trust Bank Uganda (DTBU) and Diamond Trust Bank Kenya (DTBK) in the banking sector are numbered! This is because the case that was filed by city tycoon Hamis Kiggundu of Ham Enterprises Limited, in which he accuses the bank of illegally deducting over Shs120Bn from his company accounts has exposed several…