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    DTB Kenya

    Delaying the inevitable⏤ Ham Kiggundu goes to Constitutional Court to challenge Supreme Court ruling

    The CEO Magazine TeamCommercial JusticeNews & AnalysisThe Big StoryJuly 21, 2023July 21, 2023

    In yet another legal gimmick, largely perceived to be a delay tactic, to buy him time, against the inevitable, businessman Hamis Kiggundu (Ham) has applied to the Constitutional Court, seeking…

    WHO IS FOOLING WHO? Is Hamis Kiggundu, a patriotic Ugandan or a dishonest borrower hiding behind the law?

    The CEO Magazine TeamCommercial JusticeFinanceThe Big StoryThe LawyerMay 11, 2021May 11, 2021

    As such, during the entire lifetime of a case- the accuser, also known as the plaintiff, dedicates huge amounts of effort, time and resources to prove their case, while the…

    DTB-Ham Loan Case Sent Back to High Court for Retrial

    Ephraim KasoziCommercial JusticeFinanceMay 5, 2021May 5, 2021

    The Court of Appeal has ordered for the retrial of a case in which businessman Hamis Kiggundu and DTB Limited are fighting over a loan advanced to him through his Ham Enterprises….

    Bank of Uganda Withdraws from DTB VS Ham Kiggundu Case

    URNCompany NewsFinanceFebruary 8, 2021February 8, 2021

    The Bank of Uganda has withdrawn from the case in which Diamond Trust Bank (DTB) seeks to overturn a high court ruling, which faulted Diamond Trust Bank-Uganda for collecting debts…

    Hamis Kiggundu secretly and unlawfully tried to transfer bank held properties to himself after controversial court ruling― Judge

    CEO ReporterFinanceThe Big StoryNovember 3, 2020November 3, 2020

    Embattled city businessman, Hamis Kiggundu (commonly known as Ham) and his lawyers, tried to secretly and illegally have three properties at the centre of a commercial dispute with two banks…

    Pursued by 3 banks over UGX 72 bn in debt, how a desperate Hamis Kiggundu turned to courts to buy more time, but in the process cut the hands that fed him

    CEO ReporterFinanceThe Big StoryNovember 2, 2020November 2, 2020

    The Hamis Kiggundu vs. Diamond Trust Bank (DTB) case took almost everyone by surprise. Everybody who knows the maverick businessman, the proprietor of Ham Enterprises and Kiggs International, knows that…

    Foreign banks do not require central bank authorisation to lend to Ugandan entities; Bank of Uganda clarifies on controversial court ruling

    Muhereza KyamuteteraFinanceThe Big StoryOctober 14, 2020October 14, 2020

    Professor Emmanuel Tumusiime Mutebile, the Governor, Bank of Uganda has unequivocally said that foreign financial institutions that do not use locally-raised deposits to lend to Ugandan entities do not require…

    HAM vs DTB: Does a foreign lender to a Ugandan business require a licence? Expert lawyers point out the four errors made by court

    Muhereza KyamuteteraFinanceThe Big StoryThought LeadershipOctober 14, 2020October 14, 2020

    By Phillip Karugaba , Rachel Musoke , Rehema Nakirya Ssemyalo and Anita Kenyangi The recent controversial decision in Ham Enterprises v Diamond Trust Bank (U) and Diamond Trust Bank (K) Ltd has shaken up Uganda’s banking and finance sector,…

    DTB Kenya and DTB Uganda say they are “aggrieved and dissatisfied” with Hamis Kiggundu ruling, move swiftly to appeal the “unfair and unjust” High Court verdict

    Muhereza KyamuteteraThe Big StoryOctober 8, 2020October 9, 2020

    Diamond Trust Bank Uganda and Diamond Trust Bank Kenya, have in a joint statement said they are both “aggrieved and dissatisfied” with yesterday’s High Court ruling in which court ruled…

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