Burengye Keith v Fipro Uganda Limited and Another (Civil Suit 254 of 2024)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The High Court held that the defendants breached three investment contracts by failing to remit promised profits and issuing dishonoured cheques totalling UGX 65,000,000. The court found the defendants jointly and severally liable for the full amount plus exemplary damages of UGX 5,000,000 for deliberately obtaining money under false pretences and issuing invalid cheques, causing inconvenience and economic loss to the plaintiff.
Outcome
Judgment entered in favour of the plaintiff; defendants ordered to pay UGX 65,000,000 plus exemplary damages of UGX 5,000,000 and costs
Facts
The second defendant, a director of the first defendant company, approached the plaintiff with investment opportunities, representing that the company had secured purchase orders from Uganda AIDS Commission. Between April and July 2023, the plaintiff invested UGX 60,000,000 across three separate investment agreements. In consideration, the second defendant issued multiple post-dated cheques totalling UGX 65,000,000 (including profit). All cheques were dishonoured upon presentation. Despite repeated demands, the defendants failed to refund the invested sums or honour the cheques. The defendants did not enter appearance and default judgment was entered.
Issues
- Whether the defendants breached the contracts signed with the plaintiff
- Whether the defendants are indebted to the plaintiff
- What are the remedies available to the parties?
Orders
- The defendants jointly and severally breached the investment contracts signed with the plaintiff.
- The defendants jointly and severally are ordered to pay to the plaintiff UGX 65,000,000.
- The plaintiff is awarded exemplary damages of UGX 5,000,000 for the inconvenience and economic loss occasioned by the defendants' actions.
- The plaintiff is awarded costs of the suit.
Rules and key headnotes
Cases cited (2)
- Ronald Kasibante v Shell Uganda Ltd (High Court Civil Suit No. 542 of 2006)
- Rookes v Barnard [1964] All ER 347
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.