All posts tagged "Bitature Debt Saga"
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781Big StoryCourt throws out Bitature’s appeal against Absa in Shs48bn case
Kampala, (UG):- The Commercial Division of the High Court has dismissed with costs an appeal by troubled businessman Patrick Bitature seeking to...
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1.4KBig Story
Inside the Absa, Bitature legal dispute over shs50b loan
City Businessman Patrick Bitature and Absa Bank Uganda have been drawn into a legal dispute over a Shs50 billion loan that the...
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1.2KBig StoryUK Court orders Bitature to pay back USD35m loan to SA’s Vantage Capital
LONDON, (UK): The International Chamber of Commerce Court of Arbitration sitting in London has ruled in the long-running fight between Ugandan businessman...
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1.7KBig StoryCourt dismisses Bitature’s application seeking to block SA Firm from auctioning his properties
Justice Mubiru also blamed fellow judge Musa Ssekaana for not having informed his earlier ruling based on evidence on whether Vantage, a...
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1.8KBig StoryHow Bitature fell in debt trap – Observer writes
According to sources, Bitature quickly realized he stood little chance of paying back the loan when it accrued to about $15m within...