Tag Archives: Hamis Kiggundu

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 |  Diamond Trust Bank Uganda and DTB Kenya have asked the Court of Appeal to set aside the decision of the Commercial Court directing them to refund more than  120 billion shillings to businessman Hamis Kiggundu or send  back the case file to High Court for …

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 |  Lawyers representing businessman Hamis Kiggundu have petitioned the Chief Justice Alfonse Owiny-Dollo to probe the conduct of the Principal Judge Dr Flavian Zeija in a case involving DTB Uganda and DTB-Kenya.  They are complaining about several alleged  unjustified circumstances in which Zeija  issued directives …

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 …

Kampala, Uganda |  THE INDEPENDENT |   Money lenders in Uganda have petitioned the East African Court of Justice asking them to quash a recent commercial Court decision in a case involving businessman Hamis Kiggundu and Diamond Trust Bank Uganda and Kenya. The lenders under their umbrella, Money Lenders Union Limited …