This ends an 18-year legal battle over a failed Sh100 million investment.
By
Joseph Wangui
Correspondent
Nation Media Group
The Supreme Court has ended an 18-year legal battle over a failed Sh100 million investment, rejecting investor John Kiarie Kungu's final attempt to revive his claim against Dyer & Blair Investment Bank and CFC Stanbic Bank.
The billionaire's firm is seeking to block an appeal by African Cotton Industries over a failed 2013 land sale.
KBL is asking the court to review its July 16 ruling, arguing that the DCI investigation produced new and important evidence that…
Diageo is selling its 65 percent stake in EABL.
The ruling came weeks after a Nairobi beer distributor, Bia Tosha Distributors Limited, lost twin bids to stop the transaction…
The dispute stems from a bill of costs filed by a law firm seeking Sh189m for legal services.
EADB has lost a 23-year bid to recover Sh1.3 billion after court ruled it failed to justify the loan’s escalation.
