EDITORIAL: Why Dfcu Bank’s UGX47 bn claim for Sudhir properties is wrong, legally, morally and an abuse of taxpayers’ trust in BoU
It was
recently reported in the media that following BoU’s failure to annex 48 properties
belonging to Meera Investments Limited; properties it had wrongfully sold to
dfcu and dfcu Bank had fraudulently gone ahead to transfer them into the bank’s
names, dfcu had now decided to return the bank branches to Bank of Uganda.
That
would have been the right thing to do in the first place, because