DFCU Bank

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

November 6, 2023

Sudhir’s Meera Investments Slaps UGX32 Billion Rent Arrears To Staggering DFCU, Illegally Occupying Crane Chambers Building

Business tycoon Sudhir Ruparelia demands Dfcu Bank, the financial institution that took over management of Crane Bank in January 2017 to pay $8,660,462 (Sh32 billion) for rent arrears. Sudhir through his company

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

Why Court Directed DFCU to Pay Sudhir UGX2.4 Billion, Return All His Properties

A declaration that there are no valid leases in respect of the properties. The said leases are therefore declared to be invalid and absolutely determined on account of breach and illegality. A

November 10, 2023

Business

Dfcu Bank Ordered To Vacate All Sudhir’s Properties Within 3 Months

In a groundbreaking verdict, dfcu Bank has been directed to vacate a set of prime properties owned by Mera Investments within the coming three months. Mera Investments is owned by prominent businessman Sudhir

November 8, 2023

Business

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

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.

July 29, 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

Panic As Former Crane Bank Clients Sue DFCU For Illegally Retaining Mortgages Taken During Crane Bank Era

The legal battle between dfcu Bank and the defunct Crane Bank over mortgages worth billions of shillings shows no signs of abating, this website can reveal. As case filing enters the latter

April 17, 2023

National News

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

DFCU Under Fire Over Illicit Financial Flows, Locked In Multi-Million Tax Battle

A tax compliance audit into the matter of DFCU Group (which owns DFCU Bank and other business) was recently conducted and it revealed that the entity has been inappropriately diminishing its tax

February 27, 2023

Crime·National News

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

DFCU Bank Records 51% Decline In Half Year Profits

Dfcu Limited has recorded a 51 per cent drop in profitability for the first six months this year, according to its half-year financial results for the period ended June 30, 2022. The

August 31, 2022

Business

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DFCU Bank

Crane Bank Saga: Sudhir Again Defeats DFCU In UK Court

Sudhir’s Meera Investments Slaps UGX32 Billion Rent Arrears To Staggering DFCU, Illegally Occupying Crane Chambers Building

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

Why Court Directed DFCU to Pay Sudhir UGX2.4 Billion, Return All His Properties

Dfcu Bank Ordered To Vacate All Sudhir’s Properties Within 3 Months

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 Ghost Ranges On: Embattled Dfcu Bank Fires AG CEO William Ssekabembe

‘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

Panic As Former Crane Bank Clients Sue DFCU For Illegally Retaining Mortgages Taken During Crane Bank Era

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

DFCU Under Fire Over Illicit Financial Flows, Locked In Multi-Million Tax Battle

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

DFCU Bank Records 51% Decline In Half Year Profits

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