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Tag Archives: Diamond Trust Bank

Kiggundu appeals against appeal court on UGX 120 billion decision

Kampala, Uganda | THE INDEPENDENT |  Kampala businessman Hamis Kiggundu has filed a notice of appeal against Court of Appeal decision which nullified orders by Commercial Court directing Diamond Trust Bank Uganda and Diamond Trust Bank Kenya to refund more than  120 billion shillings to him. Three Justices of the Court …

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Court of Appeal orders review of DTB, Kiggundu case

Kampala, Uganda | THE INDEPENDENT | The Commercial Court wrongly awarded businessman Hamis Kiggundu Shillings 120 billion in his case against Diamond Trust Bank-DTB, according to the Court of Appeal Justices. Delivering their ruling this afternoon, a panel of three Justices of the Court of Appeal comprising the Deputy Chief Justice, Richard …

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Bank of Uganda withdraws from DTB Vs Ham Kiggundu appeal

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has withdrawn from the case in which Diamond Trust Bank (DTB) seeks to overturn a high court ruling which faulted Diamond Trust Bank-Uganda for collecting debts on behalf of its parent company DTB-Kenya. The judgement stemmed from a case filed by …

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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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