The High Court in Nairobi has now allowed Credit Bank to proceed with the sale of a prime building project in Upperhill over a Sh1.2 billion loan that had been advanced to Jabavu Village Limited and Hasscon Pharmaceuticals Limited.
“Consequently, the applicant’s motions dated January 30, 2025, and February 7, 2025, must fail. The same are hereby dismissed with an order that the costs thereof be in the cause. The 1st respondent is at liberty to proceed and exercise its statutory power of sale,” Justice Peter Mulwa said in his February 24, 2025 decision.
