MTN Suffers Another Blow, Loses Shs 13.9 Billion Fraud Case Against Threeways Directors
The High Court has acquitted Geoffrey Bihamaiso and Oscar Baitwa, directors of Threeways Shipping Services Ltd, in a high-profile fraud case in which MTN Uganda Ltd accused the pair of stealing USD 3.8 million (approximately Shs 13.9 billion). This is the second time in less than a month that MTN
Acquittal of ThreeWays directors in Shs 13.9 billion fraud case sparks outrage
In a ruling that has sent shockwaves through Uganda’s corporate and legal communities, the High Court’s Anti-Corruption Division on April 30, 2025, acquitted two directors of ThreeWays Shipping Services who were accused of orchestrating a $3.8 million (Shs 13.9 billion) fraud against MTN Uganda. The directors Geoffrey Bihamaiso and Oscar
