Court dismisses CBK bid to exit Devani’s Triton receivership case

Businessman Yagnesh Devani, arraigned at Milimani Anti-corruption court on August 6, 2024.

Photo credit: Wilfred Nyangaresi | Nation Media Group

The High Court has rejected a bid by the Central Bank of Kenya (CBK) to exit a commercial suit seeking an account of Triton Petroleum’s assets during nearly 19 years of receivership, after the company's principal shareholder, Yagnesh Mohanlal Devani, accused the banking sector regulator of ignoring a formal complaint.

The court dismissed an application by the CBK to exit Devani’s suit, finding that the regulator must answer a separate claim that it failed to respond to a complaint lodged in June 2025.

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