Court orders MTN Uganda to pay Richard Mwami Shs 2.31 billion for ‘malicious prosecution’

Richard Mwami, a former senior manager at MTN Uganda who was hounded out of the job in 2012 following allegations that he had orchestrated mobile money fraud, has finally got justice after the court ordered that his former employer pay him Shs 2.3 billion for “malicious prosecution.” Justice Isaac Bonny Teko ruled that although the…

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FIA ordered Stanbic Bank to freeze a company’s account. Court said that was illegal

The Financial Intelligence Authority (FIA) acted “illegally, irrationally and with procedural impropriety” when it froze a company’s bank account without promptly seeking court approval, the High Court has ruled. The dispute started on January 4, 2026, when BMS General Trading Limited discovered that it could no longer access its money in Stanbic Bank. At that…

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Court orders Libyan firm to pay KSMO Advocates Shs 729 million for legal services

The High Court has significantly raised the fees awarded to a Kampala-based law firm for defending a Libyan investment company in a prolonged dispute over debt recovery commissions. The decision by Justice Bonny Isaac Teko, originates from a 2011 civil suit where Southern Investments Limited sued the Libyan Arab Foreign Investment Company (LAFICO) for $9.5…

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