Three judges of high court under court of appeal including justice Richard Buteera , Chrstopher Madrama and justice Kenneth kakuru have ordered for fresh hearing in commercial court in a case in which City Tycoon Hamis kiggundu filed against Diamond trust bank accusing both DTB branch in Uganda and that of Kenya for illegally collecting 120 billion shillings from his Account.
Court of appeal has pronounced it’s ruling and ordered the two parties to formally present their Affidavits in the commercial court which earlier in 2020 it delivered its ruling in favor of City tycoon Hamis kiggundu who was meant to be refunded back his money and his land titles which diamond trust bank had confiscated.
Meanwhile Fred Muwa Hamis Kugundu’s lawyer has disagreed with high court’s ruling and vowed to proceed to supreme court for the legal redress adding that the case appears to be fresh.
However tycoon Hamis kiggundu has accused Banking institutions for being dishonest to their clients saying their main interest is to see businessmen collapsing.
