EXCLUSIVE: Details of Bank of Uganda meeting that approved the controversial liquidation of Crane Bank
Dr. Michael Atingi-Ego (left), the Deputy Governor chaired the meeting and in attendance was Dr. Tumubweinee Twinemanzi, Executive Director Supervision (2nd left), Susan Kanyemibwa, (2nd right), the Bank Secretary; and Ms. Margaret K. Kasule the Legal Counsel (right).
Despite having chaired a meeting that resolved that Bank of Uganda should await a Supreme Court’s decision on the transition of Crane Bank Limited from receivership to liquidation, the Deputy Bank Governor Mr. Michael Atingi-Ego on November 4th 2020 advised the Governor that the controversial liquidation should go on.
Bank of Uganda on 09th November 2020 in a public notice by the Governor, Pr
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