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@matookerepublic Sun, 05 Nov 2023 09:59:08

Court rules transfer of Crane Bank properties to Dfcu by Lands was fraudulent, orders cancellation and Shs2.4bn payment to Sudhir

When Dfcu Bank took over Crane Bank in January 2017 following a transaction that court already ruled was tainted with fraud and collusion with Bank of Uganda officials, they also took possession of 48 properties that housed Crane Bank branches and transferred leasehold interests to themselves, facilitated by BoU. Following Sudhir’s 2020 court victory against […]

The post Court rules transfer of Crane Bank properties to Dfcu by Lands was fraudulent, orders cancellation and Shs2.4bn payment to Sudhir appeared first on Matooke Republic.

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