Regional lender hit as court voids law giving it privileges

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High Court Judge Francis Rayola Olel said that the amendments to the EADB Act which guides dealing with the bank were unconstitutional.

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Regional lender, East African Development Bank (EADB) has been dealt a blow after the High Court nullified changes to the law which had granted it a raft of preferential treatment including immunity from prosecution.

High Court Judge Francis Rayola Olel said that the amendments to the EADB Act which guides dealing with the bank were unconstitutional.

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