COMPENSATION ROW; BOU on Spot again against another City Businessman in a Financial Battle


By Xpress Times Reporter Baerly days after Meera Investments Limited’s boss Dr Sudhir Ruparelia defeats BoU in 397 billion shillings case that could also lead to BoU losing Millions of shillings in costs, The Central Bank is at it again. This time around, the Central Bank is battling Chris Tushabe Karobwa another equally powerful and established tycoon in Town. Tushabe petitioned Parliament claiming that Bank of Uganda (BoU) solely contributed to the downfall of his business empire when BoU officials mismanaged his properties he had mortgaged in Cooperative Bank prior…

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