Mohammed Hamid, Aya group chairman. Aya Investments (U) Ltd is accused of not honouring its contractual obligation to pay the premium for the different insurance covers

The High Court in Kampala ordered Aya Investment (U) Ltd (Defendant) to pay Sanlam General Insurance (U) Ltd (Plaintiff) US$ 38,773.17 and UGX 33,655,264/= as the sums outstanding for breach of insurance contracts. The embattled company has also been ordered to pay the Plaintiff general damages of UGX. 5,000,000/ = Giving her judgement on April 12, 2022, Justice Jeanne Rwakakooko also granted Sanlam General Insurance an interest of 10% per annum from date of default until payment in full. The court heard that the Defendant took out various insurance policies with the Plaintiff in the years 2018-2019 including Assets All…

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