CRANE BANK LTD

August 23, 2022

Half a Decade After Fraudulent Take Over Of Powerful Crane Bank, Staggering Dfcu Bank Stuck In Limbo

Recently, the board of DFCU Bank Limited appointed Dr Winifred Mary Tarinyeba Kiryabwire as the Board Chairperson amidst the bank’s staggering status that has seen it losing millions of customers. Remember that

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

Business

July 12, 2022

Is Sudhir’s Victory Against BoU In Crane Bank Case a Game Changer?

The controversy between Crane Bank and Bank of Uganda came to an end after businessman Sudhir Ruparelia obtaining a final Supreme court order allowing him to revert Crane bank back to its

‘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

MS MARGARET KAGGWA KASULE UNDER FIRE: Here Is Why Bank of Uganda Legal Boss Must Be Held Responsible For The Court Gamble

The landmark victory for billionaire Sudhir Ruparelia against Bank of Uganda in the battle for the ‘Crane Bank’ was expected. The ruling however left many asking who was advising the Bank of

August 1, 2022

Business·Crime

DAVID MAFABI: Embattled BoU Officials Who Closed & Fraudulently Sold Crane Bank Should Account Individually

The Supreme Court decision directing that Crane Bank Ltd be reverted to its owners has raised a lot of mixed feelings, for it comes with a legal and cost implication which in

July 10, 2022

Business·Crime

A Flashback on Sudhir Ruparelia’s Crane Bank Shattered By Greedy BoU Mafias, Later Revived By Supreme Court

In the year 2007, Crane Bank Limited announced that it was planning to expand into the neighboring countries and yes this dream was fulfilled and officially launched operations in 2014, but shortly

July 3, 2022

Business

BoU Must Return Sudhir’s Crane Bank, Pay Dispute Costs – Supreme Court Rules

The Supreme Court in Kampala has ordered Bank of Uganda (BoU) to pay dispute costs after losing yet again in the aftermath of the closure and liquidation of Crane Bank Ltd, owned

July 2, 2022

Business·Crime

What Next For Sudhir & Staggering BoU, Two Months after Landmark Ruling in Crane Bank case

The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement, for various reasons, including an assumed return of the bank

May 16, 2022

Business

OP-ED/Legal Review: The Consequences For BoU Over Total Court Losses Vs Sudhir In Crane Bank Sale Fallout

An analysis by Cymbell Advocate, a commercial law firm in Kampala, questions the Bank of Uganda on the consequences of the lost cases against city tycoon Sudhir Ruparelia in the fight for

March 20, 2022

Business

Bank of Uganda Legal Team At It Again With Delay Tactics As Taxpayers Continue Losing Billions In Crane Bank, BoU Saga

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

February 26, 2022

Business

How Closure Of Commercial Banks Exposed Rot & Sealed Kasekende’s Chances Of Succeeding Mutebile

Dr Louis Kasekende, the former Bank of Uganda (BoU) deputy governor, has no chance of bouncing back to that institution as Governor, following the death of Prof. Emmanuel Tumusiime-Mutebile. Not long ago

February 14, 2022

Business

Op-ed: Crane Bank Ruling Will Protect Other Banks From Falling Prey

By Ben Sebuguzi Kampala: Today a new dawn has come, the financial sector has received another good news, as one of their own, Crane bank has been reverted back to it’s shareholders

February 12, 2022

Business

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CRANE BANK LTD

Half a Decade After Fraudulent Take Over Of Powerful Crane Bank, Staggering Dfcu Bank Stuck In Limbo

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

Is Sudhir’s Victory Against BoU In Crane Bank Case a Game Changer?

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

MS MARGARET KAGGWA KASULE UNDER FIRE: Here Is Why Bank of Uganda Legal Boss Must Be Held Responsible For The Court Gamble

DAVID MAFABI: Embattled BoU Officials Who Closed & Fraudulently Sold Crane Bank Should Account Individually

A Flashback on Sudhir Ruparelia’s Crane Bank Shattered By Greedy BoU Mafias, Later Revived By Supreme Court

BoU Must Return Sudhir’s Crane Bank, Pay Dispute Costs – Supreme Court Rules

What Next For Sudhir & Staggering BoU, Two Months after Landmark Ruling in Crane Bank case

OP-ED/Legal Review: The Consequences For BoU Over Total Court Losses Vs Sudhir In Crane Bank Sale Fallout

Bank of Uganda Legal Team At It Again With Delay Tactics As Taxpayers Continue Losing Billions In Crane Bank, BoU Saga

How Closure Of Commercial Banks Exposed Rot & Sealed Kasekende’s Chances Of Succeeding Mutebile

Op-ed: Crane Bank Ruling Will Protect Other Banks From Falling Prey

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