High Court dismisses Entebbe Mayor Fabrice Rulinda's case against Stanbic Bank over frozen funds

Justice Stephen Mubiru of the High Court Commercial Division ruled that Stanbic Bank Uganda acted lawfully when it reversed about $73,262 and froze Entebbe Mayor Fabrice Rulinda's account over a suspicious 2017 transfer, and dismissed his case with costs. According to the Daily Monitor, evidence before court indicated Rulinda admitted acting as an intermediary in a proposed gold deal involving people seeking to engage the M23 rebel group; Rulinda denies any M23 links and says he will appeal.