Sudhir lawyers demand 26 documents from BoU
Asked. Sudhir Ruparelia.
What you need to know:
Mr Ruparelia’s lawyers also want the accounts and documents showing how and whom the NSSF money was extracted, the full 2014 annual report, all 48 sale agreements where Mr Ruparelia purchased the land from the different land owners, all the documents relating to the loss including deposits in the bank by the receiver to cover up the so-called hole.
Lawyers representing property mogul Sudhir Ruparelia have written to Bank of Uganda (BoU) asking for a set of 26 documents to enable him come up with his defence in the Shs397b fraud case that BoU brought against him.
The notice to produce the said documents was filed before the Commercial Court last Friday by Mr Ruparelia’s lawyers, Kampala Associated Advocates.
BoU has made a number of allegations but Mr Ruparelia says the bank has not attached the mentioned documents to back them up.
“Take notice that the defendants require you (BoU) to produce for their inspection the following documents mentioned in the plaint dated June 30, 2017,” the request to produce the documents reads in part.
Wanted
The wanted documents include, the forensic report, including any legal due diligence done, all the primary documents for the so-called movements of the Kantaria dividends from 2006-2014 including but not limited to the cheques, vouchers, statements and electronic transfer records, legal authority /order for accessing Kantaria’s US account at Capital Bank, Botswana, all the off book account statements, and the Nostro account statement.
The other documents needed are: electronic trail of the forensic recovery system, the actual record bearing the so-called account of $80m, all documents related to the fraudulent extraction, all cheques, transaction documents of all the accounts and transactions, the Technology Associate documents showing that Mr Ruparelia is its shareholder and its director, the bank master license cost and all documents making this agreement, the documents showing ownership of Infinity Investment Limited, the employment contract of Valentina Ajay, all signatures, all credit and security documents.
The others are; the company search, all security release, the full report of NSSF audit, including all primary documents, pay rolls used, NSSF monthly schedules, employee files and PAYE returns, all documents detailing the timeframes when expatriates worked for the bank and full list of the names and amounts of employees whose NSSF was not remitted but was deducted.
Mr Ruparelia’s lawyers also want the accounts and documents showing how and whom the NSSF money was extracted, the full 2014 annual report, all 48 sale agreements where Mr Ruparelia purchased the land from the different land owners, all the documents relating to the loss including deposits in the bank by the receiver to cover up the so-called hole.
The lawyers state that the aforementioned documents have been mentioned and referred to by the central bank in their suit that they filed against him about two weeks ago but they are not provided.
The law provides that the responsible party responds within a period of 10 days. So this means that BoU has 10 days to avail these documents to Mr Ruparelia.
Documents needed
Demanded. Mr Ruparelia’s lawyers also want the accounts and documents showing how and whom the NSSF money was extracted, the full 2014 annual report, all 48 sale agreements where Mr Ruparelia purchased the land from the different land owners, all the documents relating to the loss including deposits in the bank by the receiver to cover up the so-called hole.
