Matooke Republic
Thursday, June 18, 2026
  • 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

Meet Ntege Jimmy James: The special needs student inspiring Uganda with confidence and determination

Equity Bank Uganda appoints Henry Rugamba as new Board Chairman

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

BoU caps cash withdrawals at Shs50m for individuals, Shs500m for businesses

by Matooke Republic
2 weeks ago

...

BoU approves Absa Bank’s acquisition of Standard Chartered’s Wealth and Retail Banking business

by Matooke Republic
2 weeks ago

...

Celebrating the trophy? Bank of Uganda laptop ‘thief’ appears in court in an Arsenal jersey

by Matooke Republic
4 weeks ago

...

Six laptops stolen from Bank of Uganda recovered

by Matooke Republic
4 weeks ago

...

Rajiv Ruparelia to be honoured with Pan-African Humanitarian Award

by Matooke Republic
1 month 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

Former Kampala Lord Mayor Lukwago charged with misprision of treason; How does the offence differ from treason?

June 17, 2026

Have Navio and Mith just raised the bar for African Hip Hop?

June 17, 2026

MOST VIEWED

  • How to apply for the UPDF recruitment of 10,200 soldiers and what you need

    145 shares
    Share 58 Tweet 36
  • Muhoozi drops Kabanda from PLU’s top leadership

    24 shares
    Share 10 Tweet 6
  • I saw the breakup statement like everyone else – Shakib speaks out after Zari announces split

    24 shares
    Share 10 Tweet 6
  • Erias Lukwago to appear in court over treason-related charges

    19 shares
    Share 8 Tweet 5
  • Col. Edith Nakalema alleges former Miss Uganda Stellah Nantumbwe left marriage with husband’s property

    15 shares
    Share 6 Tweet 4
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.