Sudhir vs Bank of Uganda

The Kampala Associated Advocates (KAA) 5-man team that is defending Dr. Sudhir in the USD106 million suit against Bank of Uganda. Left-right; Peter C.R Kabatsi, Joseph Matsiko, John Jet Mwebaze, Elison Karuhanga, and Bruce Musinguzi.

Bank of Uganda Legal Slayers: Who are the KAA lawyers that defeated BoU in the UGX397 bn dispute against Dr. Sudhir, Uganda’s richest billionaire?

Peter C.R. Kabatsi Senior Partner, KAA Specialist Areas of Practice: Commercial Litigation, Arbitration, Employment Law and Public International Law Years of Experience: 46 years If there is any law in Uganda, made
July 7, 2022
Dismissing Bank of Uganda’s appeal, Justice, Prof. Lillian Tibatemwa-Ekirikubinza, of the Supreme Court reminded the Central Bank that the receivership of Crane Bank ended after the expiration of 12 months from the date of takeover by the receiver and that it was a position at common law that where a legal relationship is terminated by effluxion of time then the rights accruing revert back to the owner. PHOTO/ Nicholas Bamulanzeki

Supreme Court dismisses Bank of Uganda’s appeal, orders central Bank to return Crane Bank shareholders

Justice, Prof. Lillian Tibatemwa-Ekirikubinza, of the Supreme Court has today dismissed Bank of Uganda’s attempts to hold on to Crane Bank Limited and ordered that the company be returned to its shareholders
Dr. Michael Atingi-Ego (left), the Deputy Governor chaired the meeting and in attendance was Dr. Tumubweinee Twinemanzi, Executive Director Supervision (2nd left), Susan Kanyemibwa, (2nd right), the Bank Secretary; and Ms. Margaret K. Kasule the Legal Counsel (right).

EXCLUSIVE: Details of Bank of Uganda meeting that approved the controversial liquidation of Crane Bank

Despite having chaired a meeting that resolved that Bank of Uganda should await a Supreme Court’s decision on the transition of Crane Bank Limited from receivership to liquidation, the Deputy Bank Governor

 

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