Aya Investment ordered to pay UGX175 Million to Sanlam General Insurance for breach of contracts
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 grante
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