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I&M Bank allowed to sell Sh1.5bn developer’s property

I&M Bank branch in Nyeri. FILE PHOTO | NMG 

By  Joseph Wangui

Correspondent

Nation Media Group

I&M Bank has been allowed to transfer properties owned by a Nairobi-based housing firm over a Sh1.5 billion debt.

High Court Judge Wilfrida Okwany allowed the lender to recover the debt owed to it by Highgrove Holdings Ltd.

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