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Tag Archives: Sudhir

COMMENT: Why Sudhir will not be jailed

Why Sudhir will not be jailed…..And three things everyone must know about how the powerful and wealthy look at financial crimes COMMENT | JOSEPH WERE | Bank of Uganda Governor Tumusiime Mutebile’s defense about the central bank’s perceived poor handling of the Crane Bank take-over and sale has been simple: …

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IGG asked to investigate wealth of BOU official

Kampala, Uganda | GODFREY SSALI |  A concerned citizen on Wednesday petitioned the office of the Inspector General of Government (IGG) asking for investigations into the wealth of a Bank of Uganda (BOU) official. Denis Nyombi a lawyer from Denis Nyombi & Co. Advocates said he is seeking the IGG’s …

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Court appoints an arbitor in BOU, Sudhir Crane Bank case

Court appoints an arbitor in BOU, Sudhir Crane Bank case Kampala, Uganda | GODFREY SSALI | The Commercial Court has appointed  city advocate Harriet Magala from Kituuma -Magala and company advocates to mediate in the case between Bank of Uganda and tycoon Sudhir Ruparelia over Crane Bank. Judiciary spokesperson also the …

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Bank of Uganda denies hiding cash in Germany

BOU denies hiding cash on foreign account in Germany Kampala, Uganda | JULIUS BUSINGE |  Bank of Uganda (BOU) has dismissed as untrue reports that it has hidden Sh10.7 billion in a bank in Germany, an issue that has been widely spread on social media in the past week. In …

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