Court awarded Finance Trust Shs 1.9 bn after legal battle with Sanlam. The insurer ‘refused’ to pay
A long-running dispute between Finance Trust Bank and Sanlam General Insurance has exposed deep cracks in the insurance industry, after the insurer refused to pay Shs 1.9bn awarded by a tribunal even though the ruling was made in the bank’s favour. Analysts say the case, which pitted two of Uganda’s most prominent lawyers against each…