DTB gets reprieve in Sh1.2bn loans suit against Ugandan
Thursday May 06 2021
By VICTOR JUMA
Summary
Kenyan banking multinational DTB Group has won the first round in its bid to enforce the collection of loans amounting to Sh1.2 billion from Ugandan businessman Hamis Kiggundu.
Kampala’s Court of Appeal Wednesday set aside the High Court’s orders that declared the loans provided to Mr Kiggundu illegal because some of them originated from Kenya.
Kenyan banking multinational DTB Group has won the first round in its bid to enforce the collection of loans amounting to Sh1.2 billion from Ugandan businessman Hamis Kiggundu.