Food firm fails to block sale of estate over Sh276m KDC debt

The Milimani Law Courts.

Photo credit: File | Nation Media Group

A food processing company stands to lose its prime estate in Kahawa Sukari over a Sh276 million loan given by the State-owned Kenya Development Corporation Limited (KDC).

The High Court refused to grant orders sought by Feast Foods Processors to stop the bank from exercising its statutory power of sale.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.