Amanyire v Rukoma SACCO Anor (HCT-00-CC-CS 215 of 2012)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that the 1st Defendant borrowed UGX 80,800,000 from the Plaintiff as evidenced by written loan agreements signed by the 2nd Defendant as General Manager. The 1st Defendant is vicariously liable for the 2nd Defendant's acts of borrowing because he acted within the scope of his employment, the 1st Defendant benefited from the loans, and subsequently undertook to repay them. The Defendants failed to prove fraud or repayment. Judgment entered for the Plaintiff for UGX 80,800,000 plus interest.
Outcome
Judgment entered for Plaintiff for UGX 80,800,000 with 6% interest from date of suit until payment in full
Facts
The Plaintiff lent money to the 1st Defendant, a registered SACCO, through its General Manager, the 2nd Defendant, on four occasions between December 2011 and January 2012. The loans were documented in written agreements signed by the 2nd Defendant, totalling UGX 80,800,000. The Plaintiff claimed the 1st Defendant failed to repay despite demand. The Defendants admitted borrowing but contended they received only UGX 62,000,000, alleged the Plaintiff added 30% interest to each loan, claimed they had made partial repayments, and argued the 2nd Defendant lacked authority to borrow on behalf of the SACCO. The Defendants also alleged fraud, claiming the Plaintiff failed to disclose repayments and lacked a money lender's licence.
Issues
- Whether the 1st Defendant borrowed UGX 80,800,000 or UGX 62,000,000 from the Plaintiff.
- Whether the 2nd Defendant, acting as General Manager, bound the 1st Defendant by borrowing money on its behalf.
- Whether the Plaintiff committed fraud by allegedly concealing repayments or adding undisclosed interest.
Orders
- Judgment entered in favour of the Plaintiff against the 1st Defendant for UGX 80,800,000.
- Interest awarded at 6% per annum on the decretal sum from date of filing suit until payment in full.
- Costs to be borne in equal quantities by both Defendants.
Rules and key headnotes
Legislation cited (1)
- Co-operative Society Act
Cases cited (3)
- AKPM Lutaya v Attorney General (Supreme Court Civil Appeal No. 10 of 2002)
- Muwonge V AG
- Campbell Discount Co. v Bridge [1961] 2 All ER 97
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.