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KCB, pipeline firm in battle for control of Triton’s assets
A picture of fugitive businessman Yagnesh Devani, the owner of the collapsed Triton Petroleum, circulated by Interpol. FILE
KCB Group and the Kenya Pipeline Company (KPC) are locked in a legal battle for the control of assets owned by fugitive businessman Yagnesh Devani’s Triton Petroleum.
The KPC wants the bank compelled to disclose the proceeds of Triton’s assets that it auctioned, arguing that this could alter the Sh2.1 billion compensation that KCB is demanding from the State-owned oil transporter.
