dfcu Bank has secured a procedural victory in an ongoing case before the English High Court, as part of legal proceedings initiated by Crane Bank Limited (CBL) and others. The case, which involves allegations against dfcu and other parties, remains in the pre-trial phase, with a full trial scheduled for October 2026.
At a recent case management conference, the Court made no rulings on the substantive allegations but instead addressed procedural matters related to evidence disclosure. The Court agreed with dfcu’s position that the Claimants had not fully met their disclosure obligations and granted several of dfcu’s requests for further searches and production of documents.
Among the orders issued, the Court directed Sudhir Ruparelia to surrender his mobile phone for forensic examination by specialists to determine whether it contains potentially relevant documents. Additionally, Sheena Ruparelia was ordered to disclose relevant documents from her personal email account.
The Court also dismissed a request from the Claimants to exclude reports prepared by PwC concerning the management of CBL. dfcu has argued that these reports are crucial to the case, asserting that they demonstrate mismanagement by CBL’s former owners and support the Bank of Uganda’s actions in the resolution of CBL.
Throughout the legal process, dfcu has maintained that the claims brought against it are baseless and has reiterated its intention to defend itself vigorously. The bank has also emphasized its commitment to high ethical standards and international best practices.
