Abacus Parenteral Drugs Limited v Stanbic Bank (U) Limited
Abacus Parenteral Drugs Limited v Stanbic Bank (U) Limited (Civil Suit 322 of 2022) [2025] UGCommC 58 (9 April 2025)
The court found the bank breached its online-banking contract, but held the plaintiff 80% contributorily negligent for weak internal controls. The plaintiff recovered UGX 339,556,644.
- Banker Customer Relationship
- Online Banking Liability
- Contractual Obligations
- Negligence
- Contributory Negligence
- Banker-customer-relationship