Matooke Republic
Thursday, August 21, 2025
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
Matooke Republic
  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos
  • Relationships
No Result
View All Result
Matooke Republic
No Result
View All Result

Nsereko wants BOU to reveal how much it sold Crane Bank to DFCU

Matooke Republic by Matooke Republic
July 15, 2017
in Business, Featured Stories, News
Reading Time: 2 mins read
Share on FacebookShare on Twitter

Kampala Central MP Mohammad Nsereko wants Bank fo Uganda to come out and declare to Ugandans how much it sold the defunct Crane Bank to DFCU Bank.




RELATED POSTS

Two men arrested for planting fake bomb at a building in Lubowa and demanding over Shs 600m ransom

Uganda agrees to host migrants deported from the US

Crane Bank went into receivership in October 2016 and was sold to DFCU Bank in January 2017, but the details of the transactions have never been made public.

“We want that sales agreement,” Nsereko said while speaking on a CBS talk show with Meddie Nsereko. 

“It seems DFCU found out that what BOU sold it is not exactly what it received so they are running to drag former owner Sudhir Ruparelia to court to give them Shs400bn he allegedly siphoned out,” Nsereko said.

“The public demands to know. Bank of Uganda must disclose the agreement. It is a public document.”

Already, top BOU officials including governor Tumusiime Mutebile and Director of Supervision Justine Bagyenda have come under public scrutiny with MPs like Nandala Mafabi calling for their arrest over incompetence and possible fraud and corruption.

The MPs are calling for a police and IGG investigation into the matter, saying the officials should be tried in the anti-corruption court.




Related

Tags: BoUCrane BankDFCUMohammad Nsereko
Share1Tweet1Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Full Ruling as London Court throws out dfcu amendment attempt in Crane Bank case

by Matooke Republic
3 weeks ago

...

Sudhir scores legal victory as London Court dismisses key dfcu evidence in Crane Bank dispute

by Matooke Republic
4 weeks ago

...

UK Supreme Court orders that DFCU, its owners and directors must stand trial in UK for their role in fraudulent acquisition of Crane Bank

by Matooke Republic
2 years ago

...

15 Dfcu staff throw in towel in just one month

by Matooke Republic
2 years ago

...

Lands Registry cancels titles of 48 former Crane Bank branches held by Dfcu, returns them to Sudhir

by Matooke Republic
2 years ago

...

Next Post

I paid Shs360m to bring Ghetto Kids to USA --- French Montana reveals more plans for dance group

Everybody told me not to go to Uganda because of mosquitoes --- French Montana reveals

RECOMMENDED

Fans wearing T-shirts with offensive or provocative messages to be denied entry into Namboole

August 21, 2025

CDF Muhoozi assures runners of security at the Tusker Lite Mt Rwenzori Marathon

August 21, 2025
  • 643 Followers
  • 23.9k Followers

MOST VIEWED

  • How to buy tickets for CHAN 2024 matches in Uganda

    495 shares
    Share 198 Tweet 124
  • Uganda vs Senegal: CAF reduces online ticket purchases per person ahead of quarter-final clash this Saturday

    274 shares
    Share 110 Tweet 69
  • Here is how to use NIRA’s new online portal to register or renew your national ID

    4163 shares
    Share 1665 Tweet 1041
  • New Desire Luzinda nud3s leak: Is she back to naked past?

    223 shares
    Share 89 Tweet 56
  • Juma Seiko revives paternity feud with Desire Luzinda a day after her Kwanjula

    60 shares
    Share 24 Tweet 15
Matooke Republic

Uganda's only free Newspaper. Out every Thursday. Freshly peeled info. kiwatule, Kampala, Uganda.

  • Home
  • News
  • Entertainment
  • Gossip
  • Features
  • Business
  • Sports
  • Health
  • Photos

© Matooke Republic 2024

© Matooke Republic 2024

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.