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Tag Archives: Sudhir

Sudhir responds to BOU press statement

Kampala, Uganda | THE INDEPENDENT | Sudhir Ruparelia and Meera Investments Limited’s lawyers have responded to a statement from Bank of Uganda that gave reasons why they intend to go to the Supreme Court after they lost a recent appeal. Uganda’s central bank is facing huge costs after losing court …

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BOU appeal in Sudhir case dismissed

  Kampala, Uganda | THE INDEPENDENT | The Court of Appeal on Tuesday dismissed an appeal and upheld the decision of the High Court in a suit filed by Bank of Uganda, on behalf of Crane Bank Ltd (in receivership), against Sudhir Ruparelia and Meera Investments Ltd. In dismissing the appeal, …

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Nepal appoints Sudhir representative to Uganda

  Kampala, Uganda | THE INDEPENDENT REPORTER | Businessman Sudhir Ruparelia has been appointed first honorary Consul of the Republic of Nepal. Sudhir was recently confirmed by Bidhya Devi Bhandari, the Nepalese President after he successfully presented his credentials to the Foreign Affairs Ministry. A  billionaire, Sudhir, is the founder …

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Sudhir contributes Shs10m to COU Archbishop enthronement

Kampala, Uganda | JULIUS BUSINGE | The Ruparelia Foundation has handed over  Shs10million to the Church of Uganda to enable them hold a successful enthronement ceremony for its new Archbishop Rt. Rev. Dr. Stephen Samuel Kaziimba. Through its Chairman, Sudhir Ruparelia, a dummy cheque was handed over to Ruth Nankabirwa, the …

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Sudhir’s new Shs36bn property

Real estate experts react on the Electrical Plaza near Nakasero Market Kampala, Uganda | JULIUS BUSINGE | Plot 11, Market Street and Kiyembe Lane in Kampala Central District have changed their physical face following the official opening of a new commercial building – Electrical Plaza. It joins a list of …

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Behind Sudhir win

SUDHIR CASE: Plan to have BOU pay heavily Kampala, Uganda | JULIUS BUSINGE & ISAAC KHISA | Real estate tycoon Sudhir Ruparelia has won a major case in the High Court in Kampala that could see the Bank of Uganda pay him billions of shillings in costs and compensation for …

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