City tycoon Sudhir takes COVID-19 jab Kampala, Uganda | JULIUS BUSINGE | More prominent Ugandan leaders are taking lead in receiving COVID-19 vaccine jabs contrary to earlier reports that the move would endanger people’s lives. City tycoon, Sudhir Ruparalia, on March 25, received his first shot of the AstraZeneca vaccine joining …
Read More »Impunity and corruption at Bank of Uganda
THE LAST WORD | Andrew M. Mwenda | Last week, Bank of Uganda (BOU) issued a press statement in which it promised to appeal a ruling by the Court of Appeal in a case against businessman Sudhir Ruparelia over Crane Bank. Yet the statement did not deal with the …
Read More »Round three: BoU, Sudhir to face off at Supreme Court
But commercial lawyers argue that the central bank is simply cleaning its face and that the law is not on its side Kampala, Uganda | JULIUS BUSINGE | The legal battle between Bank of Uganda and Sudhir Ruparellia over the defunct Crane Bank Limited is intensifying. They are headed …
Read More »Sudhir responds to BOU press statement
Kampala, Uganda | THE INDEPENDENT | Sudhir Ruparelia and Meera Investments Limited’s lawyers have responded to a statement from Bank of Uganda that gave reasons why they intend to go to the Supreme Court after they lost a recent appeal. Uganda’s central bank is facing huge costs after losing court …
Read More »BoU faces huge costs over Crane Bank-Sudhir case
Experts say there are lessons to learn from this case and that the central bank should not be hanged for losing it Kampala, Uganda | JULIUS BUSINGE | Uganda’s central bank is facing huge costs after losing court cases in the Commercial and Court of Appeal over Sudhir Ruparelia, Meera …
Read More »BOU appeal in Sudhir case dismissed
Kampala, Uganda | THE INDEPENDENT | The Court of Appeal on Tuesday dismissed an appeal and upheld the decision of the High Court in a suit filed by Bank of Uganda, on behalf of Crane Bank Ltd (in receivership), against Sudhir Ruparelia and Meera Investments Ltd. In dismissing the appeal, …
Read More »Sudhir says ‘no cause for alarm’ after Ssese Gateway security gate collapses
Entebbe, Uganda | JULIUS BUSINGE | A security gate and wall fence at Ssese Gate Way Beach Hotel has collapsed, delaying construction of a Shs35b project to boost tourism in Entebbe. The property in question is owned by property mogul and businessman, Sudhir Ruparelia who clarified that investigations were …
Read More »Nepal appoints Sudhir representative to Uganda
Kampala, Uganda | THE INDEPENDENT REPORTER | Businessman Sudhir Ruparelia has been appointed first honorary Consul of the Republic of Nepal. Sudhir was recently confirmed by Bidhya Devi Bhandari, the Nepalese President after he successfully presented his credentials to the Foreign Affairs Ministry. A billionaire, Sudhir, is the founder …
Read More »Sudhir contributes Shs10m to COU Archbishop enthronement
Kampala, Uganda | JULIUS BUSINGE | The Ruparelia Foundation has handed over Shs10million to the Church of Uganda to enable them hold a successful enthronement ceremony for its new Archbishop Rt. Rev. Dr. Stephen Samuel Kaziimba. Through its Chairman, Sudhir Ruparelia, a dummy cheque was handed over to Ruth Nankabirwa, the …
Read More »Sudhir’s new Shs36bn property
Real estate experts react on the Electrical Plaza near Nakasero Market Kampala, Uganda | JULIUS BUSINGE | Plot 11, Market Street and Kiyembe Lane in Kampala Central District have changed their physical face following the official opening of a new commercial building – Electrical Plaza. It joins a list of …
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