Why court dismissed Nzeyi case against BoU, Sudhir

Getting your Trinity Audio player ready...

Court has dismissed with costs a case in which businessman Amos Nzeyi had accused Bank of Uganda (BOU) of illegal closure of the National Bank of Commerce (NBC). Nzeyi co-owned NBC with former premier, Amama Mbabazi and Prime Minister Dr Ruhakana Rugunda. In 2017, Nzeyi sued BOU jointly with Crane Bank (in receivership), its former proprietor Sudhir Ruparelia and his partner Rasiklal Chhotal