CBL Board Chairman Narrates how BoU Mercilessly closed their Bank

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The board chairman of the now defunct Crane Bank Limited (CBL) Joseph Biribwona shocked parliament when he narrated the bitter experience they went through as Bank of Uganda iron Lady  Justine Bagyenda,the former executive director supervision tormented them. Biribwona who was accompanied by a powerful delegation from their former bank were on Wednesday appearing before the parliament committee investigating Bank of Uganda over the sale of seven banks in a manner that has left the country in total shock. He told the members that Bank of Uganda merely had intentions…

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