The High Court has temporarily stopped the liquidation of collapsed Imperial Bank after billionaire businessman Ashok Doshi and his wife Amit sued over their Sh1 billion deposit.
Justice John Onyiengo, sitting in Mombasa, issued the order suspending the Central Bank of Kenya’s (CBK) order to the Kenya Deposit Insurance Corporation (KDIC) to wind up the lender, setting the stage for the sale of the lender’s remaining assets.
