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Rwanda decisions
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The Court of Appeal dismissed Bank of Kigali Plc’s appeal, holding the bank failed to prove an outstanding debt and upheld the finding that the loan had been repaid.
The Court of Appeal dismissed Kenny Business Group Ltd’s appeal for non-appearance after repeated adjournments, finding no continued interest in pursuing the case.
The court found that Bank of Kigali Plc failed to provide indisputable evidence that Nkundimana Fidèle and Nyirarugero Dancille owed any outstanding debt under the 2013 loan agreement. The bank's own correspondence and the sequence of payments following the sale of collateral demonstrated that the debt had been fully repaid. The burden of proof was not met by the appellant, and thus the appeal was dismissed.
Source excerpt
The Court of Appeal held that Dayenu Hotel’s supplementary claim was civil and admissible, but it lacked legal basis to seek reimbursement from BRD Plc.
The Supreme Court held GT BANK liable for paying 19,000,000 rwf to the wrong account and apportioned damages against GT BANK and Uzabumwana, while maintaining the principal loan debt.
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