Daily Monitor
Wednesday February 17 2021
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KAMPALA- Equity Bank Uganda is in a fight with proprietors of two schools over an alleged syndicated illegal auction of their facility to a non-existent buyer, Mr Denis Sekabira.
The proprietors; Ronald Ndawula, Joan Nassolo, and Sarah Ndagire, have since sought the intervention of Bank of Uganda to help them regain their two schools of Everest College and Primary.
“We request that the Central Bank as the financial institutions’ regulator acts within its powers and takes relevant action against the misconduct of Equity Bank Uganda Ltd,” the three stated in their January 20 complaint to the director of commercial banking at Bank of Uganda.