controversial sale of Crane Bank Archives

We will relentlessly pursue dfcu Bank and its owners in English courts⏤ Crane Bank shareholders vow after London win

Muhereza KyamuteteraBusiness & Markets News & Analysis The Big StoryJuly 30, 2023July 30, 2023

Fresh from securing an English appellate court order that dfcu Bank, its former management and directors, must answer claims that they participated in corruption and bribery of Central Bank officials…

Sudhir vs. dfcu Bank: London appellate court orders dfcu and its former managers to pay UGX8.8 bn in costs

Muhereza KyamuteteraBusiness & Markets Legal & Justice The Big StoryJuly 27, 2023July 27, 2023

A London Court of Appeal has ordered dfcu Bank, its holding company, dfcu Limited, as well as dfcu Bank’s former board chairman, Jimmy Mugerwa (now dfcu Limited Chairman), Juma Kisaame…

Doubtful about BoU’s ability to secure former Crane Bank branches, defenseless dfcu starts vacating Sudhir properties

Muhereza KyamuteteraThe Big StoryOctober 5, 2019October 18, 2019

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…