Ham Enterprises (U) Ltd have through their lawyers, Muwema and Company advocates & Solicitors and Kimara Advocates and Consultants officially petitioned the Chief Justice of Uganda Owiny Dollo over the bias and injustices and the supreme court, noting among others that: It is now clear and so evident to every open and fair-minded member of…
Uganda’s media was awash on Friday with news that Tycoon Hamis Kiggundu alias Ham had lost his appeal against Diamond Trust Bank (DTB) which recently admitted illegality at the supreme court. Ham’s grounds of appeal at supreme court was that the justices at the court of appeal failed to address the substantial issue of illegality…
Court has issued criminal summons against three Diamond Trust Bank (DTB) officials and Prince Karim Al-Husayn Shah, the Founder and Chairman of the Aga Khan Fund for Economic Development. Prince Shah Karim Al-Husayn Sha, the founder and chairman of the Aga Khan Fund for Economic Development, owning Diamond Trust Bank Group was summoned The Criminal…
The case in city tycoon Hamis Kiggundu of Ham Enterprises accuses Diamond Trust Bank of illegally debiting over USD34M from his company’s accounts has taken another twist after the Financial Intelligence Authority (FIA) grilled officials of the bank on Monday, about their roles in the matter. According to a letter seen by this website dated…
By Daniel Hasabubwenje “This case will make people lose confidence in the judicial system where they will now resort to jungle law to resolve disputes. This will increase socio-economic insecurity due to the absence of the rule of law. The Bankers actions will frustrate Uganda’s efforts to attain Middle-income status which must be supported by…
Kampala businessman Hamis Kiggundu in the wake of Wednesday’s Court of Appeal judgment quashing the Commercial Court’s ruling in the multi-billion lawsuit against Diamond Trust Bank (DTB) Uganda and Kenya, had announced that he will appeal to the Supreme Court. We can authoritatively confirm that the disgruntled young Tycoon through his companies Ham Enterprises and…
Court of appeal has announced that a judgment between Diamond Trust Bank (appellant) vs Ham Enterprises Ltd & others (respondents) will be delivered on the 5th day of May 2021. This comes after Diamond Trust Bank (DTB), filed an appeal against the commercial court ruling which was in favor of Ham Enterprises after finding out…
Bank of Uganda has officially quit the case involving city tycoon Hamis Kiggundu alias Ham and Diamond Trust Bank, in which he accuses the financial institution, together with its parent bank, Diamond Trust Bank Kenya, of illegally withdrawing over Shs128Bn from his company accounts. Bank of Uganda had applied to join the case as Amicus…
Officials of Bank of Uganda and Diamond Trust Bank have landed in trouble after investigators in the Ham Vs Diamond Trust Bank discovered that they allegedly conspired to shield an illegality. It should be noted that on January 27th 2021, the first reading of the Ham Vs DTB case Appeal in which DTB is challenging…
The appellate judges handling the Ham Vs DTB that include: The Deputy Chief Justice Richard Buteera, Justice Kenneth Kakuru and Justice Christopher Izama Madrama have strongly warned and cautioned parties involved to desist from trying to compromise the judiciary. It should be known that Diamond Trust Bank appealed the October 2020 High Court judgement, since…
