Uganda’s Central Bank has lost a five-year legal battle in the country’s Supreme Court against Sudhir Ruparelia, the founder of the defunct Crane Bank Limited in a landmark decision that could affect its bank supervision powers while raising questions about a potential revival of the collapsed lender.

For more information, please see https://www.theeastafrican.co.ke/tea/business/bank-of-uganda-loses-historic-case-former-crane-bank-shareholder-3714274