A company claiming ownership filed an appeal against a ruling that restored the land to Teleposta.
By
Sam Kiplagat
Court Reporter
Nation Media Group
The Supreme Court has barred the Teleposta Pension Scheme Registered Trustees from selling, charging or transferring a prime two-acre parcel of land in Nairobi's Upper Hill valued at about Sh1 billion, pending the determination of an appeal filed by a company claiming ownership of the property.
The dispute revolved around allegations by past members that their retirement benefits had been under-calculated.
A company had sought orders restoring a caveat over the property and stopping Telkom Kenya Ltd from seeking payment of Sh11.4bn.
Mr Rotich said members should expect a review of payouts after the disposal of the major property holdings, although the final…
Mr Nyanja wants the land's auction annulled and the ownership reverted to him, although the Court of Appeal recently ruled that…
The Court of Appeal has lifted High Court orders that had blocked the government's planned Sh204.3 billion sale of its 15pc…
The Court of Appeal has overturned a landmark judgment involving a prime 135-acre property valued at more than Sh8 billion,…
