How Stanbic froze Entebbe mayor Rulinda’s account over gold deal with M23 rebels
On August 11, 2017, Fabrice Rulinda, the Entebbe mayor and PLU activist, received $73,000 ( about Shs 275 million) in his dollar account the dollar account at Stanbic’s Bugolobi branch. The money was deposited by a company called Green Global Corporation, which deals in gold. Suspicious, Stanbic Bank reversed the transaction and sent the money…