Friday, July 26News That Matters

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Breaking: Tycoon Sudhir’s Son Rajiv Survives Brutal Attack  By Police Guards, Saved By Dogs

Breaking: Tycoon Sudhir’s Son Rajiv Survives Brutal Attack By Police Guards, Saved By Dogs

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By Keefa Nuwahereza The family of Kampala Mogul Sudhir Ruparelia woke to shock on Friday morning following a brutal attack against his son Rajiv Ruparelia, by men dressed on police attire. https://youtu.be/h4vt2k3sLXo CCTV footage shows Rajiv Ruparelia leaving his father's residence shortly before the attack According to credible sources, Rajiv survived being assassinated by a group of yet to be identified people said to be police or guards dressed like policemen, who attacked him early morning as he left his father’s residence to go jogging with his two dogs. https://eagle.co.ug/wp-content/uploads/2020/07/WhatsApp-Video-2020-07-17-at-11.31.09.mp4?_=1 It is said that as soon as he had walked a few meters from the gate, the guards in the neighbourhood heard him yelling for...
Trouble For BoU After Court Of Appeal Dismisses Shs397Bn Case Filed Against Tycoon Sudhir

Trouble For BoU After Court Of Appeal Dismisses Shs397Bn Case Filed Against Tycoon Sudhir

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By Keefa Nuwahereza The court of Appeal on Tuesday morning dismissed an appeal that had been filed by Bank of Uganda, contesting a 2019 ruling by High Court Justice David K. Wangutusi,  in which he ruled that Bank of Uganda had no legal capacity to sue Sudhir Ruparelia on behalf of Crane Bank, which was under receivership. The Matter arose from a case filed by BoU against Sudhir in 2016, alleging that the tycoon and others had pocketed Shs397Bn from Crane Bank prior to its being wound up and sold to dfcu  Bank. When Justice Wangutusi dismissed the case with costs after BoU lawyers failed to adduce enough evidence to back up their allegations, BoU officials decided to appeal the ruling, which resulted into the dismissal of their Appeal today by the a Panel of  thre...