NCBA gets nod to recover Sh26m debt from aviation firm

NCBA headquarters in Upper Hill, Nairobi. 

Photo credit: File | Evans Habil | Nation Media Group

NCBA Bank has received court approval to recover a 13-year-old debt of Sh25.5 million from Aberdair Aviation Limited, and its director, Adrian Peter Wilcox.

In his ruling, Justice Benjamin Musyoki allowed the lender to recover $197,426 (Sh25 million at current exchange rates) from the company and Mr Wilcox jointly, as well as a further Sh37,000 from the company alone.

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