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Ugandans anxiously waiting for disqualified BoU lawyers to return ‘misused’ public funds

watchdog by watchdog
8 years ago
in News
1 1

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By our reporter

Its no longer a public secret that lawyers David Mpanga of AF Mpanga and Timothy Masembe Kanyerezi of MMAKS are no longer the representatives of Bank of Uganda in a case against businessman Sudhir Ruparelia.

On Thursday, High Court of Commercial Division disqualified the two law firms from the Crane Bank case on grounds of conflict of interest.

It should be noted that despite having a fully operational internal legal department, BoU went ahead to hire the two external law firms to faceoff with their former client.

In the initial stages of the case, the central bank went ahead to pay Masembe and Mpanga over shs3.5 billion as legal fees.

Now that they have been disqualifed from the case, are they going to refund the billions which have not been put into proper use?

Meanwhile, the disqualified law firms through counsel Moses Adriko, after yesterday’s ruling revealed that they are going to appeal which probably means they are not ready to withdraw from the case and not willing to return any cash.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
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Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

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