Co-op Bank seeks to scuttle Suraya's deal with contractor

Sue Muraya, director of Suraya Property Group, during a past interview at the company’s offices. PHOTO | FRANCIS NDERITU | NMG

The Co-operative Bank #ticker:COOP is seeking to scuttle a deal signed between real estate developers Peter and Susan Muraya and a contractor who is in court seeking to wind up their real estate company, Sucasa.

Co-operative Bank has filed an application to set aside the deal that would have seen the contractor get residential apartments, bedsitters and houses as settlement for outstanding debts.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.