Bank of Baroda ordered to release Shs 20 million to 92-year-old widow for medical needs

Our Reporter3 weeks ago3 weeks ago03 mins

The High Court has ordered Bank of Baroda to release Shs 20 million to 92-year-old Christine Nanfuka, a widow, to cater for her medical and daily needs after her account was frozen amid a dispute with her co-signatory. Justice Dr. Ginamia Melody Ngwatu delivered the ruling in a case where Nanfuka sued the bank and…

Despite repaying Equity Bank, Nalubega’s credit record prevented her from getting Shs 200 million loan

Our Reporter2 months ago03 mins

The High Court has dismissed a lawsuit brought by businesswoman Margaret Nalubega against Equity Bank after she claimed that the bank delayed in clearing her credit record leading her to suffer a financial loss. The court found that the bank was not solely responsible for delays in clearing her credit record and that Nalubega failed…