All posts tagged "Crane Bank Ltd"
-
927BusinessCrane Bank Directors vow to fight for justice after UK Court ruling in multibillion case
KAMPALA, UGANDA: The directors of Crane Bank Limited have welcomed the recent Judgement of the Court of Appeal in London in the...
-
1.6KCourtDETAILED: Inside the UK Court Ruling that will see Sudhir pocket sh795b in the dfcu-Crane Bank case
City Tycoon and Banking Mogul Dr Sudhir Ruparelia, together with six (6) other stakeholders of the now-defunct Crane Bank are set to...
-
1.1KCourtSudhir floors dfcu Bank again as UK’s Court of Appeal defers trial of Crane Bank case at lower court
LONDON, UK: Businessman Sudhir Ruparelia, the proprietor of the now-defunct Crane Bank Limited yesterday victory yet again in his legal battle against...
-
1.2KBig StoryDfcu loses court bid to withdraw case against Crane Bank, New Master Electronics
The two parties are locked in a fight over property that was used as security when securing loans totalling Shs14 billion from...
-
750Big StoryTOP STORY: Former Crane Bank clients sue Dfcu for illegally retaining mortgages taken during Crane Bank era
The legal battle between dfcu Bank and the defunct Crane Bank over mortgages worth billions of shillings shows no signs of abating,...
-
1.0KBig Story
Crane Bank ghost returns to haunt Dfcu as embattled bank faces new legal battle in shs32bn case
The ghost of the fraudulent sale of Crane Bank to Dfcu Bank has once again aroused to haunt the latter after Tycoon...
-
675Big StoryBank of Uganda moves to do fresh audit on Sudhir’s Crane Bank
According to an advert published in one of the local newspapers, BoU said it is now open to receiving bids from interested...
-
633Big StorySudhir dealt big blow as UK court Exonerates DFCU in Shs816b Crane Bank takeover case
In their suit, the claimants alleged that Bank of Uganda unlawfully seized its bank, grossly undervalued it and fraudulently sold some of...
-
1.1KBig Story
FLASHBACK: A look back at When BoU Erroneously Took Over Crane Bank Before Fraudulently Selling it to DFCU Bank
The news of Bank of Uganda taking over management and closing down of Crane Bank Limited trekked into public spaces timidly in...
-
776Big StoryEXCLUSIVE: How Tycoon Sudhir Ruparelia exposed rot in Bank Of Uganda and changed the Ugandan Banking Narrative
Bank of Uganda (BoU) had a torrid 2017 as the Crane Bank saga weighed on the country’s central bank. What began as...
-
1.1KBig Story
FLASHBACK: How Tycoon Sudhir Floored BoU and Rescued Crane Bank sold fraudulently to Dfcu Bank
City businessman Sudhir Ruparelia, who is the proprietor of Ruparelia Group of Companies, is having the last laugh after court ruled Bank...
-
827Big StoryDAVID MAFABI: BoU Officials who closed & fraudulently sold Crane Bank should account individually
The Supreme Court decision directing that Crane Bank Ltd be reverted to its owners has raised a lot of mixed feelings, for...
-
978Big StoryIs Tycoon Sudhir’s victory against BoU in Crane Bank Saga a game changer?
The controversy between Crane Bank and Bank of Uganda seems to be coming to an end after businessman Sudhir Ruparelia secured an...
-
868Big Story
EXCLUSIVE: How Embattled DFCU bank is being haunted by ghosts of defunct Crane Bank as number of Shareholders continues to drop
KAMPALA, UGANDA: When DFCU Bank controversially bought Crane Bank Limited (CBL) in January 2017, it immediately became one of the most profitable...
-
2.6KBig StoryMeet Sudhir’s KAA Lawyers That Triumphantly Floored Bank Of Uganda In The Multi-billion Crane Bank Saga
Every case is as good as its legal strategy and every legal strategy is as good as the team on it. To...
-
1.3KBig StorySupreme Court Rules: BOU must return Sudhir’s Crane Bank, pay dispute costs
The justices reasoned with the Court of Appeal that management of Crane Bank be returned to the shareholders including Sudhir Ruparelia and...
-
852Big StoryWhat Next For Sudhir & Staggering BoU, Two Months after Landmark Ruling in Crane Bank case
The decision by the Supreme Court of Uganda that Crane Bank Ltd reverts to owners Sudhir Ruparelia and co-shareholders raised public excitement,...
-
833Big Story
A Flashback on Sudhir Ruparelia’s Crane Bank shattered by greedy BoU mafias, later revived by Supreme Court
In the year 2007, Crane Bank Limited announced that it was planning to expand into the neighboring countries and yes this dream...
-
954Editorial
OP-ED: Reopen Crane Bank in partnership with govt
Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding topnotch meetings, such as...
-
1.0KBig Story
Andrew Mwenda: Sudhir’s Court Victory in Crane Bank Saga Exposes BoU as Most Fraudulent Institution in the World
BY ANDREW M. MWENDA On February 11, businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda...
-
867BusinessOP-ED: Uganda should celebrate Sudhir’s victory against BoU & Reopen Crane Bank in partnership with govt
Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding top-notch meetings, such as...
-
626Big Story
Did IMF adviser mislead BoU on Crane Bank?
The Supreme Court has demonstrated that it still cares about Article 1 of our tattered Constitution. The clause says “all power belongs...
-
1.4KBig Story
More drama ensues as Crane Bank takeover fight rages on despite Supreme Court ruling
The Supreme Court justices in their unanimous decision held that it was BoU that was behind the Shs397bn commercial litigation against the...
-
1.4KBig StoryBank of Uganda finally opens up on supreme court defeat in Crane Bank landmark case
Reacting to the ruling through their official Twitter handle, BoU stated that is still maintaining to pursue one of the grounds to...
