BOU CRANE BANK SAGA

November 1, 2024

Crane Bank Saga: Sudhir Again Defeats DFCU In UK Court

High Court of Justice and Business courts of England and Walesking’s bench division commercial court (KBD) Court in London has dismissed a petition in which DFCU Bank Limited and 14 others [defendants]

Business

July 27, 2023

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

Business

August 1, 2023

Big Story: London Appellate Court Orders Embattled Dfcu Bank, Its Former Managers To Cough Over UGX8.8 Billion In Costs To Crane Bank Shareholders

A London Court of Appeal has ordered dfcu Bank, its holding company, dfcu Limited, as well as dfcu Bank’s former board chairman, Jimmy Mugerwa (now dfcu Limited Chairman), Juma Kisaame and William

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

July 30, 2023

Business

‘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

July 27, 2023

Business

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

July 27, 2023

Business

Crane Bank Curse: DFCU Continues To Stagger, Again Registers Decline Of UGX11.9 Billion

Dfcu Bank has registered a decline of Shs11.9 billion in operating income, the audited financial results for the year that ended on December 31, 2022. The results indicate that the bank registered

April 14, 2023

National 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

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

November 22, 2022

Business

‘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

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

“I Put Lots Of Money & 25 Years Of My Time and You Steal My bank! BoU & It’s Mafias Must Pay For Their Sins For Stealing My Bank – Sudhir

Several public officials, most recently Investment Minister Evelyn Anite have talked about “mafia” in government but one man Dr. Sudhir Ruparelia knows how to win against them. And unlike public figures who

August 24, 2022

Business

Dubious Sale Of Crane Bank Is The Terrible ‘Financial Game’ Central Bank Will Regret For Lifetime

Bank of Uganda (BoU) had a torrid 2017 as the Crane Bank saga weighed on the country’s central bank. What began as an everyday activity to supervise and regulate the banking sector

July 24, 2022

Business

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BOU CRANE BANK SAGA

Crane Bank Saga: Sudhir Again Defeats DFCU In UK Court

Crane Bank Saga: DFCU Troubles Deepen As UK Court Makes Major Ruling In Favor of Sudhir

Big Story: London Appellate Court Orders Embattled Dfcu Bank, Its Former Managers To Cough Over UGX8.8 Billion In Costs To Crane Bank Shareholders

Crane Bank Shareholders On Cloud9 Again Over UK Court Ruling, Vow To Milk Billions From DFCU Bank Over ‘Fraudulent’ Takeover, Disturbing Their Peace!

‘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

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

Crane Bank Curse: DFCU Continues To Stagger, Again Registers Decline Of UGX11.9 Billion

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

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

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

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

“I Put Lots Of Money & 25 Years Of My Time and You Steal My bank! BoU & It’s Mafias Must Pay For Their Sins For Stealing My Bank – Sudhir

Dubious Sale Of Crane Bank Is The Terrible ‘Financial Game’ Central Bank Will Regret For Lifetime

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