BAD MONEY AFTER BAD MONEY; BoU risks UGX110 bn in costs; to appeal loss to Sudhir, despite bad case

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The idiom "throwing good money after bad money" refers to spending more money on something problematic that one has already spent money on, in the (presumably futile) hopes of fixing it or recouping one's original investment. Unfortunately, this was the decision the Bank of Uganda Governor had to make on Tuesday, August 27th at the behest of Margaret Kasule the central bank’s legal counsel, w