The Directorate of Public Prosecution (DPP) has Wednesday dismissed media reports that they are considering pressing criminal charges against tycoon former Crane Bank Limited proprietor Sudhir Ruparelia.
The reports claimed yesterday that Bank of Uganda, which sanctioned a High Court suit against Sudhir for allegedly siphoning money from Crane Bank, asked the DPP to “kick-start criminal proceedings against Sudhir for alleged fraud,” unless he returned the money.
The Central Bank wants Sudhir compelled to return Shs 397billion, which he is accused to have illegally extracted from Crane Bank, as well as the bank’s land titles that he transferred to his company Meera.
The DPP’s head of the Public Relations and International Cooperation Department, Ms Jane Akuo revealed however, that the directorate is not planning on charging Mr Sudhir, terming the claims as “premature.”
She said today that they only received complaints from the Central Bank about Sudhir’s alleged mismanagement of Crane Bank.
The Directorate, she said, cannot file charges on a matter that is not under police investigation.
“There are no preferred charges because what we have received is a criminal complaint about the mismanagement of the bank. That is what is being considered now,” she said.
“It is a bit premature to start talking about charges. The Office of the DPP does not prefer charges on a matter that has not been investigated by police…on a matter that it has not analysed or looked at.”
Earlier, the Police had categorically stated that they are not investigating Mr Sudhir.
The Inspector General of Police Gen Kale Kayihura recently told reporters, “We have not received any complaint (about him), at least as far as I know.”