Sudhir Ruparelia Archives

Fresh evidence emerges on how Kasekende, Bagyenda, Kutesa and Matia Kasaija secretly hatched plan to sell-off Crane Bank, 17 months before BoU took it over

CEO ReporterCommercial Justice Company News The Big StoryDecember 12, 2018October 6, 2019

Even before the dust settles over revelations that disgraced former BoU Executive Director, Mrs Justine Bagyenda literally vended and in the words of Parliam Even before the dust settles over…

Triple awards for the Ruparelias: Speke Hotels Group scoops 2 World Luxury Hotel awards; Sudhir gets EA Business Leadership award, as couple clocks 42 years in marriage

CEO ReporterCompany News The Big Story Thought Leadership Top 10November 17, 2018November 17, 2018

It is said, November is the month to remind us to be thankful for the many positive things happening in our life, but for the Ruparelias, November 2018, was a…

2 years after Crane Bank closure; 6 things we now know that we didn’t know then

CEO ReporterCommercial Justice Company News The Big StoryOctober 20, 2018October 21, 2018

On this day, 2 years ago on October 20, 2018, Bank of Uganda took over the management of Crane Bank- pursuant to “Section 87(3), 88(1)(a) & (b) of the Financial…

Did BoU illegally transfer Crane Bank’s bad loans to dfcu?

Muhereza KyamuteteraCommercial Justice Company News The Big StorySeptember 14, 2018September 15, 2018

The revelation by the Auditor General and corroborated by an interview with the former Executive Director Supervision (EDS) Mrs. Bagyenda, that Bank of Uganda did not carry out an independent…

Dfcu to pay Shs200 bn for Crane Bank in 3 years; earns Shs260 bn on the deal in just 11 months

Muhereza KyamuteteraCompany News The Big StoryMarch 31, 2018March 31, 2018

Bank of Uganda sold Crane Bank for Shs200 billion to Dfcu Group; payable over 3 years, in just 11 months after the contentious deal, Dfcu has reported earning Shs260 billion…