Buzeki Enterprises, a transport firm linked with businessman-cum-politician Zedekiah Bundotich Kiprop, owes the country’s third largest bank by assets, NCBA some Sh2.7billion, adding to the debt pile that has left creditors fighting for the Mombasa-based company’s trucks and trailers.
The debt disclosure came in an appeal filed by NCBA which is seeking to block Landmark Port Conveyors Ltd from auctioning 53 trucks and trailers belonging to Buzeki over a Sh118 million loan.
