Kampala, Uganda | THE INDEPENDENT | The Principal Judge Dr Flavian Zeija has stayed the implementation of Commercial Court orders directing Diamond Trust Bank Uganda and Diamond Trust Bank Kenya to refund 120 billion shillings and to return properties to businessman Hamis Kiggundu. The Principal Judge on Monday issued …
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Kampala, Uganda | THE INDEPENDENT | The Court of Appeal will make a judgment on Monday, November 2 to determine whether Diamond Trust Bank, DTB, refunds an equivalent of Sh120 billion shillings to businessman Hamis Kiggundu. The ruling will also shed more light as to whether the loans Kiggundu took …
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Kampala, Uganda | THE INDEPENDENT | Businessman Hamis Kiggundu has asked the Commercial Court to dismiss an application in which Diamond Trust Bank Uganda and Diamond Trust Bank Kenya want court to block the implementation of orders directing them to refund 120 billion shillings and returning properties to the businessman. The …
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Kampala, Uganda | THE INDEPENDENT | Did Hamis Kiggundu acquire a syndicated loan from Diamond Trust Bank -DTB? This will be one of the many questions that will face the Court of Appeal and the legal fraternity as a whole. Diamond Trust Bank filed a notice to appeal the ruling …
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Kampala, Uganda | THE INDEPENDENT | Lawyers representing businessman Hamis Kiggundu have petitioned the Chief Justice Alfonse Owiny-Dollo to probe the conduct of the Principal Judge Dr Flavian Zeija in a case involving DTB Uganda and DTB-Kenya. They are complaining about several alleged unjustified circumstances in which Zeija issued directives …
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Kampala, Uganda | THE INDEPENDENT | The controversy surrounding a commercial court judgement on the case between Diamond Trust Bank and businessman Hamis Kiggundu has taken a new twist after the Bank of Uganda advised that a foreign bank can appoint an agent to carry our business in Uganda, without …
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Kampala, Uganda | THE INDEPENDENT | Money lenders in Uganda have petitioned the East African Court of Justice asking them to quash a recent commercial Court decision in a case involving businessman Hamis Kiggundu and Diamond Trust Bank Uganda and Kenya. The lenders under their umbrella, Money Lenders Union Limited …
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. Kampala, Uganda | THE INDEPENDENT | The High Court Commercial Division has halted the execution of the orders issued by Justice Henry Peter Adonyo in a case involving businessman Hamis Kiggundu, Diamond Trust Bank Uganda and Kenya. Principal Judge, Dr Flavian Zeija issued the interim orders on Tuesday …
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Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kenya have filed a notice of appeal challenging the Commercial Court decision directing them to refund 120 Billion Shillings to businessman Hamis Kiggundu. In the notice, the two banks through their lawyers of K and K Advocates note …
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Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has asked developers to vacate the shorelines of Lake Victoria. According to Peter Settenda, an environment officer from KCCA, the Authority has issued a notice to all people with prohibited developments to raze them from the shoreline. The said structures have already …
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The Independent Uganda: You get the Truth we Pay the Price