Savannah Cement Sh4.5bn bank loan row escalates after Ndeta trial halt

savanah

Savannah cement factory.

Photo credit: File | Nation Media Group

A dispute between former shareholders and business partners of Savannah Cement over a controversial Sh4.5 billion bank loan has moved to the Court of Appeal.

Savannah Heights Limited and businessman John Gachanga Kaiganaine have challenged a High Court decision that halted the criminal prosecution of Benson Sande Ndeta over alleged fraud in the contested loan tapped from Absa Bank.

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