Maureen Kembabazi Katwebaze Archives

We are committed to due process, Stanbic breaks silence on mortgaged property sale scandal

CEO ReporterCompany NewsSeptember 29, 2020September 29, 2020

Stanbic has finally broken its silence on a case under investigation where seven of its executives are accused of conniving and cheaply selling to themselves a mortgaged property. In a…

CAUGHT IN THE ACT: It took 52 days for senior Stanbic Bank executives to register a company, secure a loan, and buy on the cheap, a loan-stressed client’s property!

CEO ReporterThe Big StorySeptember 26, 2020September 26, 2020

Myriad Investment Club Ltd, a company belonging to Stanbic Bank’s senior executives that are accused of colluding with other bank staff to buy off, very cheaply, a property of a…

IRRESPONSIBLE LENDING AND INSIDER TRADING: Stanbic Bank senior executives accused of cheaply selling to themselves client’s property

Muhereza KyamuteteraThe Big StorySeptember 26, 2020September 26, 2020

A client of Stanbic Bank Limited, Macdowel Limited, has asked police to investigate circumstances under which seven senior executives of Stanbic Bank Uganda, sold to themselves a mortgaged property on…