The Court of Appeal has allowed seven banks to join the fight for land worth Sh100 billion that was awarded to squatters who successfully wrestled the property from then powerful politician Mark Too.
The banks- Stanbic #ticker:SBIC , KCB Group #ticker:KCB , Eco Bank, National Bank of Kenya #ticker:NBK , Kenya Women Microfinance Bank, Commercial Bank of Africa and Co-operative Bank #ticker:COOP convinced the Appellate court that part of 25, 000 acres of land was used as security in securing loans.
