Bank of Uganda (BoU) lawyers; AF Mpanga and MAAKS
Advocates have leaked the client list of former Crane Bank
account holders.
The list was submitted to the Commercial Court as evidence in the Crane bank saga and ongoing court battle between Bank of Uganda (Crane Bank under receivership) and Sudhir Ruparelia, the founder of the defunct bank over its collapse.
BoU early this year sold Crane Bank to dfcu Bank.
Sources indicate that leaking secrets of depositors is contrary to common procedure and a breach of mutual trust.
Some clients of former Crane Bank are threatening to also sue BOU and its lawyers for this anomaly.
“This also puts the future of commercial banking at risk as it scares away both current and future bankers,” a source said of the impact this leakage could cause to the banking sector.
The case is up for its next hearing on November 14, 2017.
Below is a list of some of the leaked accounts:
Natonal Social Security Fund (NSSF) had 13 accounts in
Crane Bank having at least Shs85bn in deposits.
Uganda Wildlife Authority (UWA) had 6,417,197,766/ on
account 1002013520000556
Manir Ahmed & Shahida B Arain had 4,420,000,000 on
account No. 1036013510000279.
ECO Fuel Africa Foundation had Shs3,475,863,504 on
account No.1021013520000027.
John Kato had Shs3,365,000,000 on account
No.1002013510003589
Hydrey Forex Bureau LTD had Shs3,000,000,000 on account
No. 1002013520000478.
Pride Microfinance LTD had Shs2,250,000,000/ on account
No. 10020135220000452.
J
ames Rwanyarare had Shs2,200,000,000 on account No.
1009013510000466.
National Water and Sewerage Corporation had
Shs2,183,297,447 on account No. 10020161500000216,
BV Ruparelia had Shs2,221,142,181 on account
No.1002013510002263,
Ateenyi Barugahara had Shs2,0000, 000,000 on account No.
1002013510002726,
Kamishani Eunice had Shs2,000,000,000 on account
No.1002013510003724
Prudential Assurance Uganda Limited had
Shs1,930,266,600 on account No. 1002013520000490,
Ateenyi Barugahara had Shs1,862,000,000 on account
No.10022013510003076
Vinay Ruparelia had USD550,589 on account
No.100202351004307,
Rwambuya John had USD550,512 on account
No.10020223510004063
Damanico Propertes LTD had Shs1,800,000,000 on account
No. 1002013520000543,
Doshi M Rasikal, Shairoz had USD525,000
Medallion Engineering had USD 500,000
Mutabaazi Francis had USD500,000
Manzoor Ahmed Arain had 1,700,346,596
Medallion Engineering LTD had USD500,000
Goldstar Insurance COLTDPRE had Shs1,086,515,310 on
account 1005013510000289,
Doshi Tushar Raskilal, Mitesh had USD500,000
Medallion Engineering Limited had 1,500,000,000
Kampala Diocese Micro Scheme had Shs1,151,548,218
Doshi M Rasikal, Shairoz MD hadUSD315,300
Mutabazi Francis had Shs1,610,370,000
National Water and Sewerage Corporation had
1,482,781,784/
Mutabaazi Francis had Shs1,000,000,000
Ben Kavuya and Barbra Kavuya had Shs3, 000,000,000/ on
five accounts.
Kirumira Godfrey had Shs500,000,000 on account
1019013510000236