Bank of Uganda (BoU)

October 10, 2024

Tropical Bank Uganda, IT Office [U] Limited Under Fire for Failing to Repay Sudhir’s Shs 21 Billion Loan

Tropical Bank Uganda Limited, in partnership with its client IT Office [U] Limited, faces mounting pressure after failing to repay a loan of over Shs 6.84 billion, which has now swelled to

Business

July 17, 2022

VIDEO: “These people stole my bank, shared the legal fees in Bank of Uganda” – Furious Tycoon Sudhir Hits At Bank Of Uganda Officials After Court Victory

Minutes after legally slaying Bank of Uganda, for the ninth time, but this time for good, Dr. Sudhir Ruparelia, hit at certain officials of the central bank for stealing his bank, unnecessarily

Business

November 22, 2022

Inside The Supreme Court Decree That Directs Helpless BoU To Pay Costs To Sudhir, Meera Over Bogus Crane Bank Case

Last Month, the Supreme Court of Uganda issued an official decree directing Bank of Uganda to pay costs to businessman Sudhir Ruparelia and his Meera Investments Ltd following its February 11th 2022

Sad: Top Bank Of Uganda Officer Perishes In Entebbe Expressway Accident

An official of the Bank of Uganda has died in an accident along the Kampala-Entebbe Expressway. The accident occurred on Sunday morning near Kajjansi Road Toll. “Tragically, early this morning, a fatal

January 1, 2024

Crime

BANKS: We Have Failed To Identify SMEs For COVID-19 Relief Fund

Leaders in the banking industry say that they have failed to identify people who qualify for the government’s COVID-19 relief fund meant for small and medium enterprises. It comes a few days

March 28, 2023

Business

Shocking Details Of ‘Deep Rooted’ Job Fights Threatening To Crash BoU

An ongoing major restructuring at the Bank of Uganda (BoU) has sparked unease, with some insiders claiming position merger and demotion recommendations appear targeted to purge loyalists of former Governor Tumusiime Mutebile.

March 20, 2023

News

But Why Has BoU Delayed To Pay Sudhir Billions Wasted In Bogus Case? Full Torch Into Court’s Decree Directing BoU To Stop Zigzagging

In the Supreme Court ruling delivered by Hon. Chief Justice Prof. Lillian Tibatemwa-Ekirikubinza JSC (as a single judge), on 1st July 2022, re-emphasized that once a company is placed under receivership, it doesn’t

December 26, 2022

Business·National News

BoU Loses Billions In Foreign Investments

BoU earns most of its income from investing the bulk of Uganda’s foreign exchange reserves in the said bonds, a practice referred to as investment in fixed income assets. Central banks, experts

November 11, 2022

Business·National News

‘An Audit That Never Is?’- After Losing 8 Court Cases, BoU Moves To Do Fresh ‘Audit’ On Defunct Crane Bank

Bank of Uganda (BoU) is seeking to hire an independent audit firm that will carry out a comprehensive audit on the current state of affairs of the now-defunct Crane Bank, six years

November 8, 2022

Business·National News

Confession: How I Got Millions of Counterfeit Money and Exchanged It In Banks Without Being Detected

My name is Agatha; I am making this confession because I left this risky work that I was doing. A few months ago, a friend of mine got me a job in

September 22, 2022

Uganda

Inside Story: How Controversial Sale Of Crane Bank To Struggling Dfcu Will Go Down In Uganda’s History As The Most Fraudulent Transaction By BoU

In July businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda over the fate of Crane Bank. The central bank closed Crane Bank in October 2016

September 4, 2022

Business

MPs Demand For Action Against Ex BoU Officials Implicated In The Fraudulent Sale Of Seven Defunct Banks

MPs have continued to demand for the action against Bank of Uganda (BoU) officials who were implicated in the sale and acquisition of seven defunct banks. In 2018, MPs on parliamentary Committee

September 2, 2022

Crime

Staggering BoU Exposed For Raising CBR, Banks Told To Cut Interest Rates

The State Minister for industry, David Bahati is not happy that commercial banks in the country continue to raise their prime lending rates blaming it on the ‘rising’ inflation, which he said,

September 1, 2022

Business

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Bank of Uganda (BoU)

Tropical Bank Uganda, IT Office [U] Limited Under Fire for Failing to Repay Sudhir’s Shs 21 Billion Loan

VIDEO: “These people stole my bank, shared the legal fees in Bank of Uganda” – Furious Tycoon Sudhir Hits At Bank Of Uganda Officials After Court Victory

Inside The Supreme Court Decree That Directs Helpless BoU To Pay Costs To Sudhir, Meera Over Bogus Crane Bank Case

Sad: Top Bank Of Uganda Officer Perishes In Entebbe Expressway Accident

BANKS: We Have Failed To Identify SMEs For COVID-19 Relief Fund

Shocking Details Of ‘Deep Rooted’ Job Fights Threatening To Crash BoU

But Why Has BoU Delayed To Pay Sudhir Billions Wasted In Bogus Case? Full Torch Into Court’s Decree Directing BoU To Stop Zigzagging

BoU Loses Billions In Foreign Investments

‘An Audit That Never Is?’- After Losing 8 Court Cases, BoU Moves To Do Fresh ‘Audit’ On Defunct Crane Bank

Confession: How I Got Millions of Counterfeit Money and Exchanged It In Banks Without Being Detected

Inside Story: How Controversial Sale Of Crane Bank To Struggling Dfcu Will Go Down In Uganda’s History As The Most Fraudulent Transaction By BoU

MPs Demand For Action Against Ex BoU Officials Implicated In The Fraudulent Sale Of Seven Defunct Banks

Staggering BoU Exposed For Raising CBR, Banks Told To Cut Interest Rates

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