The Court of Appeal has frozen transactions and dealings on a disputed prime Muthaiga property once owned by the late President Daniel arap Moi after Equity Group CEO James Mwangi sought to reclaim the land, now valued at approximately Sh1 billion.
In a consent order issued yesterday, the appellate court ruled that the “status quo” on the property must be maintained pending the hearing of Mr Mwangi’s appeal against a High Court judgment that revoked his title.
