DFCU case: Hear Sudhir out, UK Appeals Court tells High Court
Sudhir further claims that dfcu Bank is liable to account for sums received on the basis of knowing receipt of assets transferred in breach of fiduciary duty, arguing that all his claims are governed by Ugandan law.
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Sudhir said BOU further withdrew Crane Bank’s authorisation to conduct most financial business and placed a lien of about $50m (about sh181b) of treasury bills held by the bank.
By NewVision Reporter
Journalists @NewVision
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LONDON - An appeal court in London, UK, has given businessman Sudhir Ruparelia the go-ahead to pursue a sh795b claim against dfcu Bank Limited at the