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Tag Archives: Diamond Trust Bank

Judge refuses bribe, halts Commercial court order in Ham-DTB case

  Kampala, Uganda | THE INDEPENDENT | The Principal Judge Dr Flavian Zeija has stayed the implementation of Commercial Court orders directing Diamond Trust Bank Uganda and Diamond Trust Bank Kenya to refund 120 billion shillings and to return properties to businessman Hamis Kiggundu. The Principal Judge on Monday issued …

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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 …

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Court halts execution of orders in DTB case

. Kampala, Uganda |  THE INDEPENDENT |  The High Court Commercial Division has halted the execution of the orders issued by Justice Henry Peter Adonyo in a case involving businessman Hamis Kiggundu, Diamond Trust Bank Uganda and Kenya.     Principal Judge, Dr Flavian Zeija issued the interim orders on Tuesday …

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Ham, DTB bank judgment to impact credit availability– Dr. Muhumuza

Kampala, Uganda | THE INDEPENDENT | The Commercial Court judgment against Diamond Trust Bank-DTB will have wider repercussions across the entire economy in terms of the cost of credit. On Wednesday, the Head of the Commercial Court, Justice Henry Peter Adonyo ruled that the credit facilities DTB-Kenya offered to local businessman, …

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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 …

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