It started with three Mombasa-based tycoons, Mohamed Jaffer, Minoj Shah and Amritlal Devani (deceased), standing as principal guarantors to a Sh126.75 million loan issued to Kenya Bus Service (KBS) Mombasa by East African Development Bank (EADB) in 1998.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.

Continue Reading →