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Central Bank Tables Teefe Trust Bank Land Titles

16 Nov 2018, 19:02 Comments 416 Views Kampala, Uganda Parliament Report

Olive Nakatudde

Central Bank Legal Counsel Margaret Kaggwa says they are yet to come up with a legal position on the Teefe customer Land Titles. Login to license this image from 1$.

In short
As part of its investigations, the committee directed Bank of Uganda to avail original land titles of all Teefe Bank customers that have remained in its custody for 25 years. The request was based on documents that indicated that the properties that were returned to Bank of Uganda by the liquidator could not be traced.

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