Bank of Uganda has retained the services of new lawyers in the commercial court case they filed agains the former richest man in Uganda, Sudhir Ruparelia.
Sources say BoU had signed Sebalu Lule & Co. Advocates and thus will not be having David Mpanga of AF Mpanga Advocates and Timothy Masembe of MMAKS Advocates as lead lawyers in the case against the former boss of Crane Bank.
It is not clear what role Mpanga and MMAKS will not play in the case agains Sudhir.
Bank of Uganda acquired the services of Mpanga and MMAKS to file a Shs400bn suit against Ruparelia accusing him and Meera Investments Ltd of criminally siphoning money from Crane Bank and contributing to its collapse.
When the details of the case were revealed to the public, Sudhir fired back and filed a counter claim against BoU. Sudhir also cast doubt on the fairness of the BoU lawyers saying they had a conflict of interest because they had represented many of his companies over the years and might be called upon to testify as witnesses in the 400bn case.
BoU was represented by Director Supervision Justine Bagyenda and Sudhir was in court and was represented by Peter Kabatsi of Kampala Associated Advocates.
read more here: Red Pepper Uganda. This post is syndicated.