Stanbic Bank, Umeme Lose Shs 9.2 billion Appeal Against Makubuya
The Commercial Division of the High Court has dismissed an appeal filed by Stanbic Bank Uganda Ltd and Umeme Ltd, contesting garnishee orders in favour of Makubuya William, trading as Polla Plast, over Shs 9.2 billion. The dispute dates back to 2008, when Makubuya purchased plastic manufacturing equipment from BMK