KCB seizes English Point Marina over Sh5bn debt, again

 English Point Marina in Mombasa. PHOTO | KEVIN ODIT | NMG

KCB Group has seized English Point Marina for a second time after the court lifted a July ban blocking the bank from taking hold of the Mombasa luxury property over Sh5.2 billion debt.

The Court of Appeal has frozen High Court orders by Justice Dora Chepkwony that blocked the lender’s appointed receiver-manager, Kamal Anatroy Bhatt, from taking over the property without disclosing the reasons.

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