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TodaySaturday, May 02, 2026

Commercial Division of the High Court

Fabrice Brad Rulinda, Entebbe mayor and plaintiff in the High Court case against Stanbic Bank, was implicated in a suspicious gold-related transaction that the court found bore the hallmarks of money laundering linked to actors in eastern Democratic Republic of Congo.
Fabrice Brad Rulinda, Entebbe mayor and plaintiff in the High Court case against Stanbic Bank, was implicated in a suspicious gold-related transaction that the court found bore the hallmarks of money laundering linked to actors in eastern Democratic Republic of Congo.

High Court Finds Entebbe Mayor Fabrice Rulinda Mired in Gold-Related Money Laundering Controversy

A High Court ruling has drawn Entebbe Mayor Fabrice Brad Rulinda into a complex international gold transaction that the court concluded bore the hallmarks of money laundering linked to illicit mineral trade
March 16, 2026
Left to right: A photo collage of Hassanein Hiridjee, Geoffrey Donnels Oketayot, and Ronald Onzia. Hiridjee, together with Towerco of Africa Uganda, had sought to stay proceedings or refer a multimillion-dollar shareholder dispute to a UK court. However, court rejected the pleadings that Oketayot, Onzia, and another shareholder, George Arthur Ssamula, had strongly opposed.
Left to right: A photo collage of Hassanein Hiridjee, Geoffrey Donnels Oketayot, and Ronald Onzia. Hiridjee, together with Towerco of Africa Uganda, had sought to stay proceedings or refer a multimillion-dollar shareholder dispute to a UK court. However, court rejected the pleadings that Oketayot, Onzia, and another shareholder, George Arthur Ssamula, had strongly opposed.

Ugandan Court Rejects Towerco Bid to Shift Dispute to UK, Citing Fraud Allegations and Public Policy

In a ruling that reinforces Ugandan courts’ discretion to retain jurisdiction over disputes relating to alleged illegality, Justice Patience Rubagumya of the Commercial Division of the High Court declined to stay proceedings
October 24, 2025
Following a lengthy court process that exposed both the incompetence of the legal team at the central bank and the massive flaws within its regulatory practices especially in the way several banks were taken over, closed and sold, under Mutebile’s watch or lack thereof, the central bank’s much publicised case against the billionaire businessman has crumbled like a pack of cards. It remains to be seen how much more the central bank will lose in terms of legal costs.

Bank of Uganda Governor on Commercial Court Ruling against DTB: We are committed to ensuring a resilient, sound and stable financial sector

Bank of Uganda governor Emmanuel Tumusiime-Mutebile has come out about the Wednesday judgement in which Diamond Trust Bank was ordered to pay businessman Ham Kiggundu UGX130 billion. “Bank of Uganda (BoU) has
October 9, 2020

 

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