KCB moves to court over Sh4.3bn City Hall default

City Hall. FILE PHOTO | NMG

KCB Group #ticker:KCB has moved to the High Court to enforce the collection of Sh4.3 billion worth of loan and interest from the Nairobi County which has defaulted on the credit inherited from Equity Bank .

In an application filed before the High Court in Milimani, KCB wants the court to recognise a ruling from an arbitration and compel the county government to settle the debt.

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