Tycoon's bid to recover Sh1bn from Imperial Bank hits snag

Businessman Ashok Doshi at the High Court in Mombasa on June 18, 2018 moments before he started giving evidence in a suit against CBK and Imperial Bank Ltd. PHOTO | PHILIP MUYANGA | NMG

Mombasa-based businessman Ashok Doshi’s legal battle to recover his Sh1 billion stuck in collapsed Imperial Bank Ltd has encountered hurdles after the High Court directed parties to the suit to file documents afresh.

Justice Patrick Otieno set aside all proceedings in the trial pursuant to directions he issued on November 27 last year.

PAYE Tax Calculator

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