Monday 18 February 2019
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allafrica - 11 days ago

Uganda: I Was Coerced to Buy National Bank of Commerce - Sudhir

[Independent (Kampala)] Kampala, Uganda -Businessman Sudhir Ruparelia says he was forced to acquire National Bank of Commerce (NBC), days after it was closed by the Bank of Uganda. Crane Bank Limited, according to Sudhir, paid sh1.12 billion as consideration of the agreement to take over NBC.

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