South Africa investor losses bid to freeze Genghis accounts in debt row

A court has rejected an application to freeze Genghis Capital's bank accounts over a debt feud with a South African businessman.

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Nairobi-based investment bank Genghis Capital has won a reprieve after a court rejected an application to freeze its bank accounts over a debt feud with a South African businessman.

Justice Alfred Mabeya rejected the application by Auswel Mashaba, seeking to freeze the bank accounts of Genghis Capital and to block the investment bank from selling its assets.

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