The Court of Appeal has suspended a case at the High Court where a director of Pinewood Beach Resort and Spa is challenging KCB's appointment of a receiver manager to recover a Sh5 billion loan.
Judges Sankale ole Kantai, Dr Kibaya Laibuta, and George Odunga said the suspension would stand until the appeal by the lender is heard and determined. that KCB had satisfied the principles on which its application was considered.
