Soroti , Uganda | THE INDEPENDENT | The High Court in Soroti has allowed the Soroti District Vice Chairperson, Simon Peter Edoru Ekuu and the District Council Speaker, Stephen Olebe to apply for judicial review of the Soroti City Boundary case ruling. Edoru and Olebe are seeking the court to quash …
Read More »Ham Kiggundu asks court to reject DTB’s application in Ugx 120 billion case
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 …
Read More »‘BOU didn’t have to license DTB Kenya to lend to Ham’
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 …
Read More »Mabirizi asks East African court to quash DTB-Ham ruling
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 …
Read More »DTB appeals against ruling in Hamis Kiggundu case
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 …
Read More »DTB ordered to refund UGX 120 billion to Ham Kiggundu
Kampala, Uganda | THE INDEPENDENT | The High Court Commercial Division has ordered Diamond Trust Bank Uganda and Kenya to refund more than 120 Billion Shillings they illegally deducted from two accounts of businessman Hamis Kiggundu. In August 2020, Kiggundu petitioned the court after 85 billion Shillings and 34 billion …
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