Ex-Greenland staff sue Bank of Uganda

- Central Banking staff
- 07 Dec 2000

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Four hundred and eight former employees of Greenland Bank have sued the Bank of Uganda (BOU) and their former employer for non-payment of gratuity, pension and terminal benefits.

Through Matovu and Kimanje Advocates, the ex-employees say they are entitled to their terminal benefits under the conditions of service of their former employing bank. They also want damages for breach of contract. BOU on 1 April 1999 seized and took control of the affairs of Greenland Bank, claiming it was insolvent.

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