Win for Peter Munga in Sh150m TransCentury shares deal legal battle

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Businessman Peter Munga. 

Photo credit: File | Nation Media Group

Billionaire businessman and Equity Bank founder Peter Munga has won a long-running court dispute after the High Court dismissed a Sh150million against him by a long-time associate on claims of a botched TransCentury Limited (TCL) shares purchase deal.

Mr Munga had been accused of taking possession of TCL shares from a former friend-turned foe, Joseph Muturi Kamau but failing to pay for them.

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