Kaweesi and Others v Bank of Uganda and 2 Others (Miscellaneous Application 258 of 2022)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The court dismissed the application for attachment before judgment and temporary injunction, finding no evidence of real risk of dissipation and that damages would be an adequate remedy. The application for inspection of bankers' books was dismissed as the Evidence (Banker's Books) Act does not apply to the Bank of Uganda's liquidation activities. Discovery was granted in part for documents showing expenditure of US$11,450,000 and liquidation costs of shs. 8,219,188,997, but denied for other categories as either already disclosed, too vague, or obtainable from public sources.
Outcome
Application partly allowed — discovery granted for specific documents; attachment before judgment, temporary injunction, and inspection of bankers' books dismissed
Facts
The applicants are shareholders of Greenland Bank Limited (2nd respondent), which was placed under liquidation by Bank of Uganda (1st respondent) on 1 April 1999. The liquidation has continued for over 21 years. The applicants filed Civil Suit No. 108 of 2022 challenging the liquidation process, alleging fraud, fictitious creditors, and improper disposal of assets. The 1st respondent holds shs. 14,091,238,475 for distribution to creditors. The applicants sought attachment before judgment, temporary injunction, and discovery of various documents relating to the liquidation, including creditor lists, utilisation of government liquidity support of shs. 91,200,000,000, expenditure of US$11,450,000 for UCB shares, liquidation costs of shs. 8,219,188,997, and documents relating to property sales. The respondents contended that the main suit is barred by limitation, res judicata, and discloses no cause of action.
Issues
- Whether the applicants are entitled to an order for attachment before judgment of shs. 14,091,238,475 held by the 1st respondent.
- Whether the applicants are entitled to a temporary injunction restraining the respondents from distributing shs. 14,091,238,475 to creditors pending determination of the main suit.
- Whether the applicants are entitled to an order for inspection of bankers' books under the Evidence (Banker's Books) Act.
- Whether the applicants are entitled to discovery of documents relating to the liquidation of the 2nd respondent.
Orders
- Application for attachment before judgment dismissed.
- Application for temporary injunction dismissed.
- Application for inspection of bankers' books dismissed.
- Application for discovery allowed in part.
- 1st respondent to furnish applicants within 14 days documents showing source, disbursement and expenditure of US$11,450,000 and documents relating to liquidation costs of shs. 8,219,188,997.
- Costs of the application to abide the outcome of the suit.
Rules and key headnotes
Legislation cited (31)
- Civil Procedure Act s.64(b)
- Civil Procedure Act s.64(c)
- Civil Procedure Act s.64(e)
- Civil Procedure Act s.98
- Civil Procedure Rules Order 40 r.1
- Civil Procedure Rules Order 40 r.5(1)(a)
- Civil Procedure Rules Order 40 r.12
- Civil Procedure Rules Order 52 r.7
- Civil Procedure Rules Order 10 r.12
- Civil Procedure Rules Order 10 r.14
- Civil Procedure Rules Order 10 r.24
- Civil Procedure Rules Order 10 r.19(2)
- Civil Procedure Rules Order 11A r.1
- Civil Procedure Rules Order 11A r.2
- Civil Procedure Rules Order 11A r.7
- Civil Procedure Rules Order 11A r.14(b)
- Civil Procedure Rules Order 11A r.14(e)
- Civil Procedure Rules Order 11A r.14(f)
- Civil Procedure Rules Order 11A r.14(h)
- Civil Procedure Rules Order 11A r.14(k)
- Civil Procedure Rules Order 11A r.14(p)
- Evidence (Banker's Books) Act s.1(a)
- Evidence (Banker's Books) Act s.1(b)
- Evidence (Banker's Books) Act s.6
- Evidence (Banker's Books) Act s.7
- Bank of Uganda Act s.4(2)(d)
- Bank of Uganda Act s.4(2)(h)
- Bank of Uganda Act s.4(2)(i)
- Bank of Uganda Act s.4(2)(j)
- Financial Institutions Act s.30
- Financial Institutions Act s.31(4)
Cases cited (28)
- Lister v Stubbs [1890] All ER 797
- Bahman (Prince Abdul) Bin Turki Al Sudairy v Abu Taha [1980] 3 All ER 409
- Polly Peck International plc v Nadir (No 2) [1992] 4 All ER 769
- Fourie v La Roux [2007] UKHL 1
- The Niedersachsen [1983] 1 WLR 1412
- Uganda Electricity Board (In Liquidation) v Royal Van Zanten (U) Ltd (Miscellaneous Application No. 251 of 2006)
- Rex v Kensington Income Tax Commissioners, Ex parte de Polignac (Princess) [1917] 1 KB 486
- Re Stanford International Bank Ltd [2011] Ch 33
- Siporex Trade SA v Comdel Commodities [1986] 2 LR 428
- Customs and Excise Commissioners v Anchor Foods Ltd [1999] 1 WLR 1139
- Re Bloomsbury International Ltd [2010] EWHC 1150 (Ch)
- EA Industries v Trufoods [1972] EA 420
- Fellowes and Son v Fisher [1976] 1 QB 122
- American Cyanamid Co v Ethicon Limited [1975] AC 396
- Geilla v Cassman Brown Co Ltd [1973] EA 358
- GAPCO Uganda Limited v Kaweesa and another (Miscellaneous Application No. 259 of 2013)
- Godfrey Sekitoleko and four others v Seezi Peter Mutabazi and two others [2001-2005] HCB 80
- Nsubuga and another v Mutawe [1974] EA 487
- City Council of Kampala v Donozio Musisi Sekyaya (Civil Application No. 3 of 2000)
- Dresdner Bank Ag v Sango Bay Estates Ltd (No 3) [1971] 1 EA 326
- Dresdner Bank Ag v Sango Bay Estates Ltd (No 4) [1971] 1 EA 409
- John Kato v Muhlbauer AG and another (Miscellaneous Application No. 175 of 2011)
- Loftin v Martin 776 SW 2d 145 (1989)
- Bank of Chettinad v Commissioner of Income Tax [1948] AC 378
- Re Bottomgate Industrial Co-operative Society (1891) 65 LTR 712
- R v Industrial Disputes Tribunal [1954] 2 All ER 730
- Barker v Wilson [1980] 1 WLR 884
- Williams v Williams [1988] QB 161
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.