Ugandan bank accused of lending money to dead man

A Ugandan widow has accused a bank of lending KSh 414 million to a dead man and later selling his property over failure to pay the loan.

Barbara Atukunda Sseruwu accused the Bank of Baroda of attaching and selling her matrimonial home in Nalusuga near Gayaza in Wakiso District.

“My lord, the documents on record show that Inter-Sports Uganda Limited where Seruwu was a director took the facility. He could have applied for the loan before he died,” said Ashwini Kumal, the managing director of Bank of Baroda.

However, Kumal could not explain to which account the money was deposited to and who withdrew it.

Sseruwu argued that her late husband could not have borrowed money from the bank on September 14,1994, because he died on August 28, 1994.

The deputy lead counsel, John Bosco Suuza, insisted that the mortgage deed against which the late allegedly obtained the loan, was questionable because it was signed by a dead man.

Kumal argued that the sale was at a public auction and wondered why the late man's wife had not filed the suit at that time.

The deceased's wife wants the lands commission to compel the bank to return her house because she is not convinced her late husband borrowed the money.

https://www.google.com/amp/s/www.tuko.co.ke/amp/308520-ugandan-bank-accused-lending-money-dead-man.html

Eleyi gidi gan

J

Ok �� next level

Banks are scams whenever it involve loans, never you I repeat never you approach a bank for loan, they should be your last resort.

Buhari must be the MD of that bank.

So no be only Niger dis kind thing dey happen

Rotfl.

Africa, a continent where animals swallow money, the dead are paid salaries and even enjoy loans with property as collateral.

Money to bribe the devil perhaps

Africa



Naija think say Na only agbada and animals dey swallow money ,

dead man don swallow money for Kenya

E belike say we be learner for corruption beside some of these African countries

Ok

lolllllllllllllllllllllll

What is dead may never die

Unilag law Question, 300level
The dead are not dead: Discuss

I always knew the term Ghost Worker wasn't a figure of speech.

United Bank For Africa

Africa is full of shiiiit,

Una no go allow dead man rest again?

I just wish say daaa man fit appear for da court tear all of them slaps. Nonsense

AFRICA

maoolakanm:
SOMEONE MUST HAVE STOLEN THE MAN'S IDENTITY TO PROCURE THE LOAN.BUT THE MANAGER GOOFED FOR NOT KNOWING WHO WITHDREW THE MONEY

Very possible or the man may not really be dead.

Nothing is as painful as swallowing stolen meat without chewing because you thought that someone was coming.
Very very painful.

I sure it didn't say Nigeria?
just trying to confirm and be sure.

I just dey speechless

This puts meaning to Ghost lender the man want's to bribe Satan to reduce his punishment.

Na wah oh