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DFCU Kicks out Conflicted Lawyers, Sebalu and Lule, after Misleading the Bank to Fraudulently occupy Sudhri’s Properties

Admin Trumpet by Admin Trumpet
November 21, 2019
in Business, Featured
0
Crane Bank Shareholders Contest Sale of shs1.3 trillion Assets to DFCU at shs200bn; BoU faces Lawsuit

DFCU has been occupying the buildings for 6 years after illegally taking over Crane Bank

DFCU Bank has instructed Kalenge, Bwanika, Ssawa & Co. Advocate to represent them in the suit filed by Meera Investments in which the bank is accused of taking over buildings illegally which formerly belonged to Crane Bank.

Meera Investments is owned by city businessman Sudhir Ruparelia.

This becomes the second time DFCU bank is kicking out this law firm after it previously replaced it when High Court ruled the lawyers were conflicted.

DFCU new law firm has since written to Court notifying it of the changes.

“We have been instructed by DFCU to represent it in the above proceedings in place of Sebalu and Lule advocates. We request that all further correspondences and or court process in connection thereto be forwarded to us,” a notice filed by Kalenge, Bwanika, Sawa and Co. Advocates and received by court on November 20 reads.

In April Court kicked out kicked out Sebalu & Lule Advocates, who were declared conflicted, and therefore unfit to represent the parties in a longstanding commercial dispute.

The law firm, according to a source in DFCU was shown exit because it had misled the bank into a fraudulent deal of taking over Crane Bank branches a decision DFCU has since overturned and agreed to return the properties after three years of occupancy.

Tags: Sebalu and Lule
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