Court name
High Court of Uganda
Case number
HCT-00-CV-CS-2003/264
Judgment date
16 February 2009

Kamagara v Stanbic Bank Uganda Ltd (HCT-00-CV-CS-2003/264) [2009] UGHC 232 (16 February 2009);

Cite this case
[2009] UGHC 232

 

THE REPUBLIC OF UGANDA

IN THE HIGH COURT OF UGANDA AT KAMPALA

HCT-00-CV-CS-0264 OF 2003

KAMAGARA HERBERT:::::::::::::::::::::::::::::::::::::::PLAINTIFF

 VERSUS

STANBIC BANK UGANDA LIMITED:::::::::::::::::::::::DEFENDANT

 

BEFORE:  HON. LADY JUSTICE ELIZABETH MUSOKE

 

JUDGEMENT

 

Herbert Kamagara, the plaintiff herein, sued Stanbic Bank (U) Limited, (the defendant) for Shs. 17,501,596= stated to be the unpaid balance of his terminal benefits upon termination of his employment with the defendant through voluntary retirement plus interest thereon at Commercial rate of 20% per annum from 28th February 2003, the effective date of retrenchment, and costs of the suit.

 

The facts giving rise to the claim, as pleaded in the plaint, and admitted by the defendant, are to be found in the following paragraphs of the plaint:

 

“4.     The facts upon which the claim is based are that at all material times the plaintiff was an employee of Uganda Commercial Bank Limited (UCBL) and had been so employed since 16th January, 1984.

5.       Sometime in the year 2001 the bank of Uganda pursuant to its statutory powers invited bids from reputable firms for the purchase of UCBL.A letter issued to all staff by the Governor bank of Uganda dated 21st September is annexed hereto marked