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Munga’s wife blocks auction of Sh640m Britam shares
Businessman Peter Munga. Ms Njambi also filed an application challenging the planned auction, contending that the bank had proceeded with full knowledge of her beneficial interest in ownership.
The High Court has handed businessman Peter Munga a reprieve after stopping a bank from auctioning his 75 million shares in Britam Insurance.
The injunction came after his wife, Rose Njambi, objected to the planned sale, arguing that the shares constitute matrimonial property and cannot be disposed of without her consent.
