The Court of Appeal has declined to suspend a High Court decision, which ordered Jomo Kenyatta University of Agriculture and Technology (Jkuat) to foot a Sh296 million bill in unpaid value-added tax (VAT) and interests following the purchase of Nairobi’s ICEA building from an insurance firm about eight years ago.
A bench of Court of Appeal judges said the appeal by Jkuat was not arguable, and that further, ICEA Lion Life Assurance Company was in a position to refund the money, in case the appeal is successful.
