EADB has lost a 23-year bid to recover Sh1.3 billion after court ruled it failed to justify the loan’s escalation.
By
Brian Ocharo
Correspondent
Nation Media Group
The East African Development Bank (EADB) has lost its bid to recover Sh1.3 billion from Kenya Bus Service (Mombasa) Limited and its guarantors, bringing to an end a 23-year court battle.
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