Struggling Dfcu bank has again come under fire for allegedly hiding corona numbers among its staffs at various branches in Kampala. Sources within Dfcu have disclosed that the bank has registered multiple undisclosed cases in the branches of Kampala Road branch, former crane chambers where three are sick so far, Ntinda capital shoppers branch where…
With the aggrieved filing of a civil suit, the looming legal battle between former employees of Crane Bank Limited (CBL) and DFCU bank has taken shape. The aggrieved belief that they were hoodwinked by the new employer (DFCU) when DFCU took over CBL activities in January 2017, terminated some of their contracts, whilst others were…
The troubled commercial DFCU Bank of Uganda, is nursing five (5) COVID-19 infections from its staff at Lugogo Branch leaving both the management and customers at high risk of contracting the virus. According to the statement released by the Bank management, the affected staff have been accorded the requisite medical and psychosocial support and the…
DFCU Limited has announced resignation of Michael Turner as a director in the company with immediate effect. “The Board has commenced the process of nominating another person to be considered for appointment to fill the casual vacancy created by the resignation of Mr. Turner,” DFCU said in a statement on Friday. Turner joined DFCU board…
Police have arrested Elizabeth Kyosimire, a worker at dfcu Bank, following reports that she had been involved in fraudulent transfer of funds from accounts of customers. Kampala Metropolitan Police deputy Spokesperson Luke Owoyesigyire confirmed the arrest and said the suspect was arrested on May 13 on charges of embezzlement of funds totalling to Shs28 million…
The Criminal Investigations Directorate (CID) has summoned the Managing Director of Dfcu Mathias Katamba and the Kabale branch Manager Morgan Mutesasira over allegations that the duo are in connection to the theft of over She’s 70m from the customer’s deposits. According to documents this website has landed on, Ms Grace Nyakaishiki Kamuhunda petitioned the director…
If on Monday you meet some agents working on behalf of troubled Dfcu Bank Kabale branch looking for small office space to rent and run their errands, wonder not. Because the hunt is on… and they say when you see monkeys running out of a forest, you will only be a wiseacre to enter the…
The Dfcu Bank was on Monday February, 3, 2018 thrown out of Meera Investment Limited Properties – starting with Crane Chambers at Kampala Road something which has made many of it’s clients run to withdraw their money due to fear of what would come next. Trucks carrying dfcu bank belongings including chairs, teller tables among…
If on Monday you meet some agents working on behalf of a Kampala Road troubled Dfcu Bank, looking for small office space to rent to run their errands, wonder not. Because the hunt is on… and they say when you see monkeys running out of a forest, you will only be a wiseacre to enter…
Commonwealth Development Corporation (CDC) Group, the United Kingdom’s development finance institution recently announced its decision to sell its remaining 9.97% stake in the troubled dfcu bank. The shareholding was sold to IFU, the Danish development finance institution. CDC made its first investment in DFCU in 1964 as a founding partner to the bank and has…
