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KCB gets nod to auction City Hall in Sh4.3bn row

Friday, February 18, 2022 - 4 min read

Outgoing KCB Group CEO Joshua Oigara. FILE PHOTO | NMG

Court Reporter

Nation Media Group

The High Court has cleared KCB Group #ticker:KCB to seize and auction the assets of Nairobi County over a Sh4.3 billion defaulted loan.

Justice Chacha Mwita dismissed the county government’s application challenging the amount awarded by an arbitrator in November 2019.

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

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