City tycoon Hamis Kiggundu refutes Courts’ UGX 120 billion decision

Hamis Kiggundu

City tycoon Hamis Kiggundu has appealed against the Court of Appeals’ decision to cancel the refund of more than 120 billion shillings to him. Earlier on, the commercial court had ordered Diamond Trust Bank Uganda and Kenya to refund more than 120 billion shillings to Ugandan businessman Hamis Kiggundu. However, this decision was nullified by the court of appeal. The…