Tag Archives: Diamond Trust Bank

  Kampala, Uganda | THE INDEPENDENT | Muslims dwelling in Kampala city have received an Iftar food package to celebrate Eid as they end the Ramathan season, thanks to Diamond Trust Bank. The food items include sugar, rice, cooking oil and more. The amount spent by the Bank on the …

Kampala, Uganda | THE INDEPENDENT |  Kampala businessman Hamis Kiggundu has filed a notice of appeal against Court of Appeal decision which nullified orders by Commercial Court directing Diamond Trust Bank Uganda and Diamond Trust Bank Kenya to refund more than  120 billion shillings to him. Three Justices of the Court …

Kampala, Uganda | THE INDEPENDENT | The Commercial Court wrongly awarded businessman Hamis Kiggundu Shillings 120 billion in his case against Diamond Trust Bank-DTB, according to the Court of Appeal Justices. Delivering their ruling this afternoon, a panel of three Justices of the Court of Appeal comprising the Deputy Chief Justice, Richard …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has withdrawn from the case in which Diamond Trust Bank (DTB) seeks to overturn a high court ruling which faulted Diamond Trust Bank-Uganda for collecting debts on behalf of its parent company DTB-Kenya. The judgement stemmed from a case filed by …

Kampala, Uganda |  THE INDEPENDENT |  The Bank of Uganda has lost an application in which it sought to join as ‘Amicus Curie’ (Friend of the Court), the ongoing appeal by Diamond Trust Bank against Ham Enterprises, a company owned by businessman Hamis Kiggundu. The court was sitting to hear  an …

  Kampala, Uganda | THE INDEPENDENT | The Principal Judge Dr Flavian Zeija has stayed the implementation of Commercial Court orders directing Diamond Trust Bank Uganda and Diamond Trust Bank Kenya to refund 120 billion shillings and to return properties to businessman Hamis Kiggundu. The Principal Judge on Monday issued …

Kampala, Uganda |  THE INDEPENDENT |  The Court of Appeal will make a judgment on Monday, November 2 to determine whether Diamond Trust Bank, DTB, refunds an equivalent of Sh120 billion shillings to businessman Hamis Kiggundu. The ruling will also shed more light as to whether the loans Kiggundu took …

Kampala, Uganda |  THE INDEPENDENT |  Businessman Hamis Kiggundu has asked the Commercial Court to dismiss an application in which Diamond Trust Bank Uganda and Diamond Trust Bank Kenya want court to block the implementation of orders directing them to refund 120 billion shillings and returning properties to the businessman. The …

Kampala, Uganda | THE INDEPENDENT | Did Hamis Kiggundu acquire a syndicated loan from Diamond Trust Bank -DTB? This will be one of the many questions that will face the Court of Appeal and the legal fraternity as a whole. Diamond Trust Bank filed a notice to appeal the ruling …

Kampala, Uganda |  THE INDEPENDENT |   The controversy surrounding a commercial court judgement on the case between Diamond Trust Bank and businessman Hamis Kiggundu has taken a new twist after the Bank of Uganda advised that a foreign bank can appoint an agent to carry our business in Uganda, without …