Bank of Baroda (Kenya) Limited faces attachment of its movable assets after the High Court ordered it to pay Infinity Industrial Park Limited Sh2.99 billion in special damages, escalating a dispute over financing for a planned 200-acre industrial park in Nairobi.
A warrant issued by Milimani High Court Deputy Registrar Stellah Sagwe on September 15 directs Moran Auctioneers to attach the bank’s movable and attachable property unless the amount is paid.
