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Three-decade case between KCB and Kenyatta kin drags on
Lawyer Kyalo Mbobu (left) with director of Benjoh Amalgamated Ltd Captain (rtd) Kung’u Muigai (right) at the Court of Appeal on September 18, 2017. PHOTO | RICHARD MUNGUTI | NMG
KCB Group #ticker:KCB did not furnish a company with a statement of accounts before moving to auction its estate which it estimates to be worth Sh3 billion, relatives of president Uhuru Kenyatta told the Court of Appeal Monday.
In the latest twist to the 27-year-old loan dispute, Judges Roselyn Nambuye, Milton Makhandia and Kathurima M’Inoti were told that the the lender auctioned Muiri Coffee Estate Ltd in 2007 based on a fraudulent bank statement of accounts.
