• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery
No Result
View All Result
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News National News

DFCU bank summoned to explain why it has refused to pay-off Crane Bank debts

David Kugonza by David Kugonza
August 8, 2017
in National News, News
0
DFCU bank summoned to explain why it has refused to pay-off Crane Bank debts
0
SHARES
17
VIEWS
Share on WhatsAppShare on FacebookShare on Twitter

By Ruth Anderah:

The Commercial Court has summoned DFCU bank to file a defence within 15 days explaining why it has refused to pay -off debts that were incurred by the now dissolved Crane Bank.

This is after an advertising company; Premier Advertising and media Ltd sued DFCU bank claiming it demanded 112 million shillings from Crane Bank at the time Bank of Uganda transferred all its assets and liabilities to DFCU.

According to the company manager David Esiat, the said money arises out of an advertising contract that Crane Bank entered into with his company to market its services.

He says that despite repeated demands and reminders to DFCU bank, it has refused to settle this debt which has occasioned loss to his business.

Previous Post

Minister of state for Kampala and lord mayor lock horns

Next Post

IGG asks commercial banks to help fight graft

Next Post
Uganda’s Leaders Fail To Declare Wealth

IGG asks commercial banks to help fight graft

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News

July 2, 2025

Women’s movement urged to embrace global solidarity for greater gains

June 24, 2025

43-year Kabojja Junior School teacher gets 4 years in jail for indecently assaulting pupil

June 23, 2025
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2024

No Result
View All Result
  • Home
  • Hot Seat
  • News
  • Business
  • Health
  • Sports
  • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • Photo Gallery

© 2024