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Ham Enterprises Limited and DTB saga takes new twist

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Kampala businessman, Hamis Kiggundu has asked the Commercial Division of the High Court to throw out the defence evidence presented by Diamond Trust Bank in a row involving the two parties

Kiggundu, the proprietor of Ham Enterprises Limited and Kiggs International (U) limited dragged DTB -Uganda, and DTB-Kenya to Commercial Court for fraudulently siphoning over sh120b from his accounts without his knowledge and consent

On Monday, Kiggundu’s lawyers led by Fred Muwema raised a preliminary objection in which they said they had filed an application to move court to struck out DTB’s defence arguing that it is based on illegalities.
“The defences are based on illegal transactions including the loan agreements which were made in Kenya lending in Uganda. DTB Uganda facilitated an illegality by allowing DTB Kenya to break the law in Uganda,”Muwema said.

The lawyer explained that because DTB Kenya is not licensed to carry out financial services in Uganda, it was wrong to carry out any business with Hamis Kiggundu and that it was wrong for the bank to use their counterparts, of DTB Uganda to help them enforce the loan agreement in Uganda.

The lawyer argues that the court should find it logical to dismiss the evidence by DTB Uganda for helping another bank carry out an illegality.

Muwema said that if their application is successful in an October,5, 2020 ruling by the trial judge, Henry Peter Adonyo, there will not be need for any further hearing of the case.

According to court documents, Kiggundu provided security/mortgage comprised in Plot no.923, Block 9 located at Makerere Hill Road to support the credit facilities he had got from DTB but the businessman says when he carried out an audit and reconciliation of the loan accounts, he found out that the DTB had taken shs34 billion and $23 million from his account.

The businessman wants court to declare that DTB breached the different loan agreements entered into with him between February 16, 2011, and November 16, 2019 when it fully recovered over and above what was due to it through the loan installments and interest payment deductions .

In its defence, DTB argues that the businessman through his tow companies obtained credit facilities from them and provided securities in the form of property to secure the credit facilities.

The bank argues that the facility agreements entered into between the parties are legally binding and enforceable under the law and that the deductions and charges made against the plaintiff’s accounts were in accordance with the credit facilities issued to them.

According to the bank, the businessman’s issuance of notices to it purporting to terminate their bank-customer relationships, it remains liable to settle its payment obligations and fulfill the terms of the mortgage instruments

Court adjourned to 6th October 2020

The post Ham Enterprises Limited and DTB saga takes new twist appeared first on BigEye.UG.



Source – bigeye.ug

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EXPOSED! Ugandan gospel singer Julie Mutesasira weds fellow woman

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Former local gospel singer Julie Mutesasira has caused a stir online after photos of her kissing a fellow woman during their wedding went viral on social media.

The photos emerged after his ex-lover Pastor Steven Mutesasira officially tied the knot with his new lover identified as Judith over the weekend.

In the past, it was rumored that Julie divorced with her husband and fled to Canada but the rumors where yet to be confirmed until the photos of her marrying a fellow woman made their way on social media.





Source – mbu.ug

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Police Bosses Convene at Bulange ,Mengo Over Weekend Security Raid on Mbogo Clan Thanksgiving Function

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Top Police authorities are slated to meet the Katikkiro of Buganda Charles Peter Mayiga this morning to tackle the security raid on a thanksgiving function organized by the Mbogo clan head, and religious leaders at Mugulu in Mityana town over last weekend.

Mobogo Clan head, Kayiira Gajuule had invited Bishop Emeritus John Baptist Kaggwa the retired Bishop of Masaka Diocese to grace the thanksgiving ceremony when anti-riot police stormed the area and sprayed teargas to disperse everyone.

This incident has since drawn widespread criticism from both Buganda kingdom loyalists who have since marched to Bulange Mengo demanding an apology from the Police besides the public condemning police actions

Just yesterday afternoon,. Police were forced to use teargas and live bullets to disperse a group of Buganda loyalists at Mityana municipality protesting the incident and demanding that District Police Commander, Alex Mwine Mukono unconditionally releases all the motorcycles he confiscated during the raid.

This compelled the police boss IGP Martin Okoth Ochola to apologize to the bishop and the Catholic Church.

The police political commissar led by a team of senior officers announced that they would be visiting Bishop Kaggwa at his home to announce their apology to his family and the church on behalf of IGP Ochola .

On Monday, the police spokesperson Fred Enanga apologized to the Catholic Church defending the police action on preventing the spread of COVID19.

He said the firing of teargas was caused by a group of uninvited politicians including Francis Zaake among others who had attracted youth.

Now according to the Buganda kingdom spokesperson Noah Kiyimba, a meeting between the Katikkiro Charles Peter Mayiga and the top police leadership is scheduled for 11:00 am at Bulange Mengo.



Source – www.galaxyfm.co.ug

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Martha Kay shows off flexibility while exercising (VIDEO)

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Local Comedienne Martha Kay Kagimba a.k.a The Range Rover Girl showed off her flexibility and fitness in a video where she was recorded doing a full split.

For a couple of years, Martha Kay has often revealed how she is insecure about different parts of her body including her legs and her skin complexion.

Slowly, she has come to terms with her insecurities and she is proud of her complexion. There is one more thing she is working on now and she seems to be on the right track – FITNESS!





Source – mbu.ug

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