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Clarification on malicious rumours regarding dfcu

dfcu Limited (‘dfcu’) has become aware of several inaccurate and defamatory reports circulating on various media platforms purporting that it is in chaos following the alleged exit of CDC Group Plc, one of its shareholders, and the resignation of Mr. Deepak Malik, a non-executive director representing Arise BV. These alarmist rumours have been perpetrated and coordinated by certain person(s) with the malicious intent of discrediting dfcu and its successful acquisition of some assets and assumption of some liabilities of Crane Bank (in receivership).

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ANNOUNCEMENT

dfcu Limited (“dfcu”) is pleased to inform its shareholders and the public that in the case brought by Crane Bank Limited (CBL) and some of its shareholders, the English High Court has dismissed with costs the claims against dfcu, its subsidiary, dfcu Bank and Ugandan directors jointly sued in this...