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Dr Sudhir Ruparelia addresses a media conference soon after Commercial Court dismissed the BoU case. He said everyone who participated in the illegal closure, takeover and sale of Crane Bank would be made to pay

“Everyone who stole my bank, is going to pay,” Sudhir vows

“Everyone who has played a part in the fraudulent activities is going to pay for it – we are not going easy. That includes dfcu that is fraudulently occupying Meera Properties; they
August 26, 2019
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Dr. Sudhir Ruparelia and son, Rajiv Ruparelia together with lawyer Peter Kabatsi of KAA and city journalist and businessman Andrew Mwenda address a press conference outside the Commercial Court. Sudhir said he will launch a counter suit against the BoU and dfcu Bank.

Court dismisses UGX397bn BoU case against Sudhir; central bank ordered to pay costs

A bank in receivership, under the Financial Institutions Act (2004) is not permitted to sue or sued and therefore, Crane Bank (in receivership) cannot and should not have sued businessman Dr. Sudhir
August 26, 2019
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
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