SUDHIR RUPARELIA’S EMPIRE COLLAPSES; CRANE BANK FOLLOWS THE FIRST INTERNATIONAL BANK OF GRENADA FRAUD.

This week Bank of Uganda announced that Crane Bank was under its control, meaning; in simple terms, the bank had failed to meet requirements needed to run a commercial bank.

The BOU rules don’t allow shareholders/owners to go below the minimum capital requirement which is in the region of sh25 bn. It’s this that was eaten into and as a precaution; they moved in to protect depositors’ quid.

Now, Crane Bank is exactly following the infamous bank fraud in America. Americans lost life savings in Grenada Offshore Bank fraud.

Some people believed they could earn as much as 50% a year on money entrusted to the First International Bank of Grenada and supposed guaranteed by something called the international Deposit Insurance Corporation.

The owner of this fake/bogus bank; the First International Bank of Grenada, was called Arthur Van Brink. He died in 2005. He had fled to Uganda, where he married a Mutooro slut known as Asiimwe and slept with hundreds of Kampala sluts using the stolen money. He was arrested from his Cape Villa and taken back to be charged in America, where he died of heart failure.

Crane Bank MD Kalani Steals Shs400B from Sudhir, Flees Country

Crane Bank Managing Director A.R Kalani was reported on the run after taking off with his boss Sudhir Ruparelia’s money and fled to Lebanon.

It was said that Kalani stole up to Shs400billion and he relocated to Lebanon and his family.

Sources revealed that Kalani who was Sudhir’s most trusted right hand man had been planning this for months. Kalani was said to have conspired with Ajay Kumar, the Deputy Managing Director.

After learning of the scum, Sudhir was said to have rushed to detain Kalani’s building in town along Kampala Road but found that the sharp Kalani had already sold it to another person.

It was also said that Kalani had also sold some of Sudhir’s yet to be identified properties as he had registered them in his names because the tycoon trusted him so much and dint not think Kalani could ever betray him.

However, The Drone Media has learnt that all this Kalani story was an afterthought; they planned it to do the First International Bank of Grenada fraud.