The Court of Appeal is set to hear a title deed theft racket case that has left three banks fighting over a single property in Riruta that is registered in different names and was used to secure over Sh450 million loans.
In the case described by judges as interesting but also perplexing, Equity Bank #ticker:EQTY, Commercial Bank of Africa (CBA) and Cooperative Bank of Kenya #ticker:COOP, are laying claim on the land.
