DFCU Board Tasks MD Kisaame to Explain Crane Bank ‘Hostile Takeover’
DFCU Bank board of Directors has trashed a resignation letter tendered in by the Managing Director Juma Kisaame. The Board ...
Tag: Crane Bank
DFCU Director, Deepak Malik, Quits
Deepak Malik who has been serving as board director of DFCU bank has resigned. In a memo seen by this ...
Hostile Takeover: No Official Bidding Process in DFCU- Crane Bank Deal
In our continuous publication of the Auditor General John Muwanga’s report titled Special Audit Report on Defunct Banks which he ...
Evidence: Auditor General Report Dispels BoU’s Insolvency Claims; Insists Crane Bank was ‘Sacrificed’
Crane Bank was not grossly insolvent and could have been possibly restored to operational and full compliance with capital adequacy ...
BoU Officials on Spot as New AG Report Exposes Conspiracy in Sale of Commercial Banks
The Central Bank top administration has been exposed as incompetent having failed to follow right procedures in selling seven commercial ...
DFCU Defied British Investors, CDC, on Crane Bank Purchase
DFCU Bank rejected calls from its top investors- Commonwealth Development Corporation (CDC) to drop an idea of acquiring Crane Bank. ...
DFCU Long-time British Investors Pull Out
Britain’s oldest development finance institution, The Commonwealth Development Corporation (CDC), has announced plans to pull out its investment from DFCU ...
Extravagant: BoU splashes shs 3.5b on lawyers before Crane Bank case kick-off
External lawyers Masembe, Makubuya, Adriko and Ssekatawa (MMAKS) Advocates obtained shs 3.5 billion from the Central Bank to represent it ...
Sudhir wants BoU lawyers as his witnesses
Doctor Sudhir Ruparelia wants Bank of Uganda (BoU) lawyers, MMAKS Advocates and AF Mpanga out of the case in which ...
Photos: BoU boss Bagyenda on shs 30m monthly salary builds shs 20b empire
Justine Bagyenda, the Central Bank executive director in charge of supervision for commercial banks has erected a string of buildings ...
