Relief for giant Moi-era construction firm put under liquidation

Put Sarajevo contractors work on a road in Thunguri village, Othaya, the ancestral home of the late President Mwai Kibaki.

Photo credit: File | Nation Media Group

Giant road construction firm Put Sarajevo General Engineering Company Limited, which flourished under the regime of the late President Daniel Moi, has been given a reprieve after the High Court temporarily halted plans to liquidate the company over a Sh800 million debt owed to three creditors.

Justice Francis Gikonyo stopped the firm's liquidation after it applied for a review of a ruling made in January.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.