“Don’t sell Haruna Sentongo’s properties…for now,” Supreme Court orders bank

The Supreme Court has issued a temporary injunction stopping I&M Bank from recovering Shs 10. 3 billion from businessman Haruna Sentongo for defaulting on his debt. The injunction will last four months until Sentongo’s appeal against the bank concludes. Last month, the Court of Appeal dismissed an application by Sentongo to stop the bank from…

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Haruna Vs Ham: How sibling rivalry drove Haruna into debt and potential disaster

In 2013, Haruna Sentongo, an enterprising young businessman, hatched a project that would endear him to his parents. It would also help him keep scores with his more successful and flamboyant brother, Hamis Kiggundu. Sentongo had just opened Haruna Shopping Mall in Ntinda, following his Haruna Towers in Wandegeya Kubiri, and was brimming with business…

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