Nakiranda v Kasujja (HCCS 115 of 2012)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that on balance of probabilities the Plaintiff proved advancing US$40,000 to the Defendant personally, not to his company. Defendant admitted receiving 63,000 SEK (equivalent to US$10,000) on his personal account and acknowledged receipt of US$30,000 in a signed document. Money was advanced for business investment purposes, but Defendant failed to account for it. Plaintiff entitled to refund of US$40,000 with interest.
Outcome
Plaintiff awarded US$40,000 with interest at 21% per annum from December 2011 until full payment plus costs
Facts
In March 2011, the Plaintiff, a Swedish resident planning retirement, advanced money to the Defendant for business purposes. It was admitted the Defendant received 63,000 SEK (about US$10,000) on 2 February 2011 to his personal Swedbank account. On 10 March 2011, the Defendant signed a document acknowledging transfer of US$30,000. The Defendant claimed the money was invested in Lwanga Development Trust Limited, a company in which he was director, not received personally. The Plaintiff sought recovery of US$62,500 (US$50,000 principal plus US$12,500 commission). The Defendant initially admitted in pleadings that the Plaintiff contributed about US$30,000, later claiming this was a mistake and should have been 30,000 SEK. Documentary evidence showed Lwanga Development Trust Limited's bank account was continuously in debit during 2011, with no evidence of the Plaintiff's funds being deposited there or of any partnership arrangement.
Issues
- Whether the Plaintiff advanced a sum of US$50,000 to the Defendant?
- What was the purpose of the said money advanced and if so whether the purpose was achieved?
- What reliefs are available to the parties?
Orders
- Plaintiff is entitled to unconditional refund of US$40,000 by the Defendant.
- Plaintiff is entitled to interest at the rate of 21% per annum from December 2011 till the date of judgment.
- Plaintiff is entitled to interest at the rate of 21% per annum from the date of judgment till payment in full.
- Costs of the suit awarded to the Plaintiff.
Rules and key headnotes
Legislation cited (13)
- Evidence Act s.28
- Evidence Act s.57
- Evidence Act s.59
- Evidence Act s.84
- Civil Procedure Rules O.3 r.1
- Civil Procedure Rules O.3 r.2
- Civil Procedure Rules O.6 r.2
- Civil Procedure Rules O.6 r.7
- Civil Procedure Rules O.13 r.6
- Companies Act cap 110 s.143(4)
- Constitution of Uganda art.28(3)(g)
- Constitution of Uganda art.44(c)
- Advocates (Remuneration and Taxation of Costs) Regulations reg.39
Cases cited (3)
- Royal British Bank v Turquand (1856) 6 E & B 327
- Salomon v Salomon & Co Ltd [1897] AC 22
- United Assurance Company Ltd v Attorney General (Civil Appeal No. 1 of 1986)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.