Could Bank of Uganda be Undermining the Orders of the Honorable High Court towards protecting the Ugandan economy from illegal hemorrhages and uncontrolled flows of financial resources and implementing the laws of Uganda or justifying its negligence? When Concluding his Landmark Judgement, Hon Henry Peter Adonyo, the head of the Commercial Division of the High Court in Uganda directed the Bank of Uganda as follows; “I do issue directives to Bank of Uganda which is the implementing authority under the Financial Authorities Act 2 of 2004 As Amended to take such necessary actions and measures to ensure that the provisions of … Continue reading HAM vs DTB: Bank of Uganda Aggreived by High Court Directive to Implement the banking laws and Protect the Nascent Ugandan banking
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