Supreme Court declares BoU acted illegally in liquidating Crane Bank
The Supreme Court has ruled that Bank of Uganda’s act of liquidating Crane Bank was illegal. In a ruling by ...
Thursday, July 30, 2026
Tag: Crane Bank
Leaked meeting minutes indicate BoU was aware liquidating Crane Bank had legal hitches but they adamantly proceeded
Minutes from a leaked Bank of Uganda meeting indicate that Deputy Governor Mr. Michael Atingi-Ego chaired a meeting that resolved ...
Leaked: BoU’s strategy to liquidate Crane Bank was a rush to thwart Sudhir and other shareholders reinstating themselves as directors
Bank of Uganda has today placed a notice in newspapers indicating its intentions to liquidate and wind up affairs of ...
Legal minds call BoU attempt to liquidate Crane Bank unlawful, contempt of court
Yesterday, Bank of Uganda announced plans to place Crane Bank under liquidation on its social media channels. However, several legal ...
Setting the record straight: Sudhir’s lawyers respond to “false and inaccurate” allegations made in the press by BoU after losing appeal in court
Following a second defeat in court after Bank of Uganda’s Shs397bn case against tycoon Sudhir Ruparelia was thrown out, the ...
Final blow: Sudhir triumphs against BoU again as Court of Appeal dismisses 397bn case appeal with costs
The court of Appeal has this morning thrown out with costs, an appeal by Bank of Uganda in a Shs397bn ...
ISO on board as Bagyenda, Kasekende and other BoU officials face fresh IGG investigations
The Internal Security Organisation (ISO) and the Inspector General of Government (IGG) have been tasked to start fresh investigations on ...
Panic as Dfcu concedes defeat and moves to vacate Sudhir’s 22 properties that they illegally acquired
Dfcu Bank has been sailing a rocky ship ever since the January 2017 takeover of Crane Bank and now they ...
Crane Bank used to give me 10 years to clear loan – Senana owner laments as Stanchart moves to take her property
Frida Nabirongo is a woman in distress after Standard Chartered Bank has moved to take over her empire over a ...
Sudhir refutes BOU claims, asks for Shs28b compensation
City Mogul Dr Sudhir Ruparelia through his lawyers Kampala Associated Advocates maintained his position of objection in the lengthy legal ...
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