Doubtful about BoU’s ability to secure former Crane Bank branches, defenseless dfcu starts vacating Sudhir properties
Doubtful about BoU’s ability to secure former Crane Bank branches, dfcu has started the process of vacating Sudhir properties. Soon we will see dfcu pull down all its branding on former branches occupied by Crane Bank
Following
the dismissal, by the Commercial Court, of a case in which Bank of Uganda laid
claim and sought vacant possession together with released freehold certificates
of titles to 48 properties belonging to Ruparelia Group, that the central Bank
had illegally sold to dfcu Bank, CEO East Africa understands dfcu Bank is in
the process of vacating those properties.
Although
the Central Bank has
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