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TodayMonday, April 27, 2026

Crane bank

Bank of Uganda Governor Michael Atingi-Ego, who now oversees the country’s banking supervision and resolution framework as the central bank confronts lingering questions about reforms following Parliament’s COSASE investigation.
Bank of Uganda Governor Michael Atingi-Ego, who now oversees the country’s banking supervision and resolution framework as the central bank confronts lingering questions about reforms following Parliament’s COSASE investigation.

Seven Years After Parliament’s Probe into Controversial Bank Closures and Two More Failures Later: Has Bank of Uganda Learnt Anything?

Seven years ago, in February 2019, Parliament launched one of the most consequential investigations ever conducted into Uganda’s financial sector. The probe by the Committee on Commissions, Statutory Authorities and State Enterprises
March 6, 2026
Dr. Sudhir Ruparelia, the billionaire shareholder of former Crane Bank is leading other shareholders against dfcu Bank, its shareholder and directors.

UK Supreme Court dismisses attempts by dfcu Bank to block ￡170 million claim by shareholders of former Crane Bank

The Supreme Court in the United Kingdom has dismissed attempts by Uganda’s dfcu Bank and its shareholders, to block a ￡170 million (UGX825.8 billion) suit brought against them by shareholders of the
January 8, 2024
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Businessman Sudhir Ruparelia (centre) together with his son Rajiv Ruparelia and KAA lawyers at the Court of Appeal in Kampala after his second-round Court of Appeal win. KAA has appealed to Bank of Uganda to go to Supreme Court if they are disatisfied with the Court of Appeal ruling insead of making false and inaccurate statements in the media.

Youth Group petitions Museveni over ‘Tax payers’ Money Wastage’ in Court case between BoU and Sudhir

A group of youths under the Poor Youth Network have petitioned the President Yoweri Museveni over what they have termed as ‘excessive legal  fees payments’  in court case between the Bank of
July 22, 2020
WILL SUDHIR HAVE THE LAST LAUGH? Businessman and Ruparelia Group Managing Director, Dr Sudhir Ruparelia speaks the media after an earlier adjournment of a conflict of interest case he brought against city law firm, Sebalu & Lule Advocates in HCCS 493 of 2017.

MOMENT OF TRUTH: Court to rule on Sudhir’s application to dismiss BoU’s UGX397bn against him on Monday, August 26

Commercial Court’s Hon Mr. Justice David K. Wangutusi, will on Monday August 26th rule whether the case brought against city businessman and Ruparelia Group Chairman, Dr. Sudhir Ruparelia by Bank of Uganda
August 24, 2019
Dr. Sudhir Ruparelia surrounded by his lawyers Jet Tumwebaze (left) and Peter C. R. Kabatsi (right) of Kampala Associated Advocates address the press in December 2017 following court dismissal of law firms MMAKS Advocates and Bowmans Uganda from representing BoU against the businessman over conflict of interest.

Bad and barred: Sudhir’s lawyers punch further holes in BoU’s case against businessman

City Businessman and billionaire Dr Sudhir Ruparelia, has applied to the Commercial Court to dismiss a case brought against him and his real estate firm, Meera Investments Ltd by Bank of Uganda
May 6, 2019
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LEFT-RIGHT: Former BoU Deputy Governor, Dr. Louis Kasekende, former Executive Director, Supervision, Mrs Justine Bagyenda and Governor, Prof Emmanuel Mutebile. Kasekende and Bagyenda were variously accused of negligence in the variously gone-wrong bank closures.

Exposed: Was Bagyenda in cahoots with dfcu Bank officials and lawyers to illegally transfer Shs570 billions of Crane Bank’s bad loan book?

A letter, said to have been authored by disgraced former Bank of Uganda, Executive Director, lifting key anti money laundering reporting requirements for dfcu Bank in regard to a Shs570 billion bad-loan
November 5, 2018
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