Uganda, Oct. 14 -- Principal Judge Flavian Zeija yesterday issued an injunction blocking the execution of Commercial Court orders in which Diamond Trust Bank (DTB) was told to refund Shs34b and $23.2m (Shs86b) which they allegedly deducted from Ham Enterprises' accounts.
The interim order will be in place until the main application for stay of the execution orders is determined.
"It is hereby ordered that an interim order for stay of execution of the decree in the High Court Civil Suit number 43/2020 doth issue pending the determination of the main application for stay of execution," the interim order issued yesterday reads in part.
This means that Ham Enterprises cannot commence the recovery process of the aforementioned money from the ...