Sebalu & Lule co. advocates replace MMAKS and AF Mpanga in the ongoing BOU, Crane Bank Case

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Timothy Masembe Kanyerezi of MMAKS Advocates and David Mpanga from FK Mpanga and Company Advocates who have been representing Bank of Uganda in the ongoing crane bank case in which the central bank is accusing Tycoon Sudhir Ruparelia for allegedly siphoning Shs400bn from the defunct bank have been dropped off the case and been replaced with Sebalu & Lule co. advocates.

It should be noted that Mr. Sudhir earlier on challenged MMAKs and AF Mpanga Advocates for representing Bank of Uganda citing that it was a bleach of trust since they had private information that could prejudice the case.

It must also be noted that Judge Yorokamu Bamwine had earlier on advised the two parties to engage in mediation, but the City Mogul Sudhir Ruparelia showed no interest in talks.

Through his lawyers of Kampala Associated Advocates, Sudhir told court that on several occasions, companies in which he was a shareholder gave instructions to MMAKs Advocates and sought legal assistance from them.”

In reply to these submissions, Counsel Masembe from MMAKS had argued that his firm never represented Sudhir as an individual but his companies.

“We the lawyers are independent people; we are not mouthpieces of our clients,” he stressed.

Xpress Times has learnt that Bank of Uganda had already spent about 3,600,000,000 Uganda Shillings (tax payers’ money) on  MMAKS and AF Mpanga Advocates during this case.

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