Exim Bank escapes Shs 350 million lawsuit due to filing error
The commercial division of the High Court has dismissed a lawsuit filed by Westwinds Trading Company Matco Ltd against Exim Bank (Uganda) Ltd. The judge ruled that the case was filed incorrectly under Ugandan law, and ordered Westwinds to pay the bank’s legal costs. The dispute started when Westwinds accused Exim Bank of wrongly transferring…