The journey to cleaning Uganda’s Banking Industry is one that can only be undertaken by courageous Ugandans as there are some individuals using their institutions/associations to oppose the Banking Reforms being suggested by one of Diamond Trust Bank Uganda’s top client and renowned businessman, the C.E.O of Ham Enterprises (U) Ltd Mr. Hamis Kiggundu. After…
Officials at the Aga Khan’s Diamond Trust Bank (DTB) are headed for deeper trouble and are living in fear after a former manager, who was Bank’s Head of Fraud Prevention and Forensic Investigations, has joined the list of witnesses to pin the Bank in the Shs 120Billion fraud case. The case, which is filed at…
Kenyan Aga Khan Bank DTB is in a state of quagmire as it seems very clear that the bank is buying time to figure out how to pay Ham Enterprises but one thing remains clear that the Kenyan born bank does not have enough money to take care of the 120Bn fraud case. To shade…
City businessman Hamis Kiggundu aka Ham, the proprietor of Ham Enterprises, a conglomerate of companies, is likely to have the last laugh in the multibillion case he is battling with Diamond Trust Bank Uganda (DTBU) and Diamond Trust Bank Kenya (DTBK), in which he accuses the Bank of siphoning over Shs120 Billion from his accounts.…
