The High Court has dismissed an application by the National Bank of Kenya (NBK) seeking to unfreeze five properties belonging to a Ministry of Lands official, which were frozen two years ago over suspicion of being acquired corruptly.
The lender moved to court arguing that the five properties in Nairobi belonging to Mr Nicholas Owino Ochiel, which are part of Sh1.2 billion targeted by the anti-graft body for forfeiture to the state, were charged to the bank as security for loans.
