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High Court Dismiss Simbamanyo Estates Claim

High Court Dismiss Simbamanyo Estates Claim

The High Court (Commercial Division) has dismissed the application by the administrators of Simbamanyo Estates Limited in which they wanted the auctioning of its prime properties in Kampala by Equity Bank Ltd to recover an outstanding loan of Shs40.1bn to be halted. The ruling was made by High Court judge Her Worship, Bucyana Lillian, in the absence of the parties ...

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