By Ojok William. The recently concluded commercial court ruling in the Ham Enterprises Vs DTB Uganda and DTB Kenya where court ordered Diamond Trust Bank to pay Ham Enterprises all the monies that were illegally and fraudulently debited from the company accounts with an interest of 8% as penalty for the illegalities. This means that Diamond Trust Bank was ordered to pay Ugx 129.6 Billion Shillings and Legal Fees to Ham Enterprises. The commercial court ruling has sent such a great signal in the direction of Uganda finally gaining her economic independence that has been for long serving interests of … Continue reading Historical 120Bn Case Commercial Court Ruling To Save Uganda Billions Lost in Unsupervised Syndicated Loans.
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