Matooke Republic
Thursday, October 9, 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

Legal showdown: Sudhir demands 26 documents from BoU

Matooke Republic by Matooke Republic
July 24, 2017
in Business, Featured Stories
Reading Time: 2 mins read
Share on FacebookShare on Twitter
Sudhir’s lawyers are at work.

Kampala Associated advocates, the law firm representing tycoon Sudhir Ruparelia has written to Bank of Uganda, to furnish them with 26 documents to help them file their defence in the case where BoU accuses him of fraud.

BoU says the business magnet “siphoned” money out of the defunct Crane Bank and they want court to compel him to pay about Shs400bn, but it won’t be a walk in the park as Sudhir has lined up a stellar legal team.

The lawyers have folded their sleeves and are already at work. On Friday, they filed a notice before the commercial court, asking for 26 documents they say were not attached to BOU’s suit to back up their claims.

RELATED POSTS

Who is Justice Aisha Naluzze Batala, the newly appointed Inspector General of Government?

INTERVIEW: Allan Okello opens up on KCCA snub and why he joined Vipers, applauds Dr. Lawrence Mulindwa for reviving his career

Some of documents the lawyers asked for include the following:

Forensic report including any legal due diligence done.

All the primary documents for the so-called movements of the Kantaria dividends from 2006-2014 including but not limited to cheques, vouchers, statements and electronic transfer records, legal authority/order for accessing Kantaria’s US account at Capital Bank, Botswana, all the off book account statements and the nostro account statements.

Electronic trail of the forensic recovery system.

The actual record bearing the so-called account of $80m.

All documents related to fraudulent extraction, all cheques, transaction documents of all the accounts and transactions.

The Technology Associates documents showing that Sudhir is its shareholder and its director.

Documents showing ownership of Infinity Investments Ltd.

The full report of the NSSF audit.

48 sales agreements where Sudhir purchased land from the land owners of the properties BoU is interested in.

All documents relating to the loss including deposits in the bank by the receiver to cover up the so-called hole.

Sudhir’s lawyers argue that the documents they are requesting for have been mentioned by BOU in their suit, but they have not been attached.

BOU has 10 days to avail these documents to Sudhir’s legal team.

Related

Tags: Bank Of UgandaSudhir Ruparelia
Share1Tweet1Send
Matooke Republic

Matooke Republic

Freshly peeled info from area code 256

Related Posts

Sudhir Ruparelia honoured for transformative role in Uganda’s tourism industry

by Matooke Republic
7 days ago

...

Sudhir Ruparelia urges investors to tap into Uganda’s growing economy at UK-Africa Summit

by Matooke Republic
3 weeks ago

...

Tycoon Sudhir Ruparelia and Edwin Musiime, Chairman of the Uganda Homeowners Association.

Sudhir Ruparelia honoured with Lifetime Achievement Award for transforming Uganda’s real estate landscape

by Matooke Republic
4 weeks ago

...

Speke Resort Munyonyo hosts spiritual leader Bageshwar Dham Sarkar for special staycation

by Matooke Republic
2 months ago

...

Members of the Ruparelia family and TLG Group pose with local leaders at the newly commissioned borehole in Bank Village, Naguru—donated in memory of the late Rajiv Ruparelia.

TLG Group donates borehole and supplies to honour Rajiv Ruparelia

by Matooke Republic
3 months ago

...

Next Post

Katikiro Charles Peter Mayiga to preside over Vintage And Classic Auto Show

Desire Luzinda headlines unveiling of Lwasa’s Tavern Kick

RECOMMENDED

2026 World Cup Qualifiers: Three points are a must for Uganda Cranes against Botswana

October 8, 2025

Strictly Soul returns with a Johnnie Walker Blonde Independence Day Edition at Mestil Hotel

October 8, 2025

MOST VIEWED

  • NIRA dispatches over 3 million national IDs as mass registration nears completion

    83 shares
    Share 33 Tweet 21
  • Police officer arrested for assaulting supermarket attendant in Kyanja after she asked him to clear his Shs30,000 bill

    21 shares
    Share 8 Tweet 5
  • Who is Justice Aisha Naluzze Batala, the newly appointed Inspector General of Government?

    14 shares
    Share 6 Tweet 4
  • Police to recruit 100,000 Special Constables ahead of 2026 elections

    58 shares
    Share 23 Tweet 15
  • Who is Ivan Kyeyune? The humorous voice behind Zungulu now eyeing Parliament on NUP ticket

    23 shares
    Share 9 Tweet 6
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.