Rafiki Microfinance bid to rescue Gachagua’s Sh202 million flops

Rigathi Gachagua

Deputy President Rigathi Gachagua. PHOTO | NMG

An application from Rafiki Microfinance Bank to block the forfeiture of Sh202 million belonging to Deputy President Rigathi Gachagua to the government, pending appeal has been dismissed.

The Court of Appeal dismissed the lender's application, saying the application was unnecessary because there are safeguards in law for the preservation of the money before an appeal is determined.

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