Court eases freeze on Old Mutual accounts, allows supplier, statutory payments 

The Old Mutual Building along Kimathi Street in Nairobi. 

Photo credit: File | Nation Media Group

The High Court has varied an earlier order freezing Old Mutual Holding's bank accounts, allowing the company to pay its suppliers and remit statutory deductions.

Justice Josephine Wayua Wambua Mongare relaxed an earlier decision that had prevented the insurer from trading its assets, incurring new debt, or transferring funds out of Kenya.

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