The insurance regulator has hired a law firm owned by Retirement Benefits Authority (RBA) chairman Nelson Havi to represent it in a case against businessman and media owner Samuel Kamau Macharia (SK Macharia) over the alleged withdrawal of Sh400 million from Directline Assurance Company.
The Insurance Regulatory Authority (IRA) has disclosed that it awarded the Sh2.9 million contract to Havi & Co Advocates through direct procurement on July 1 to represent it in the matter until the end of July next year. Mr Havi, a former president of the Law Society of Kenya and now chairman of the RBA, is a senior partner at the law firm.
