Uganda's Richest Man and the Bank That Disappeared

Uganda's Richest Man and the Bank That Disappeared

$53 million. That’s what Uganda’s largest privately owned bank sold for in January 2017 β€” nine days after the central bank walked in, suspended the board, and started the auction. In this chapter: * Crane Bank had 750,000 customers and 1.81 trillion shillings in assets weeks before the takeover * Thirteen bidders, including Bob Diamond’s […]

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