A judge has rejected an application by more than 2,400 Nigerian investors seeking permission to pursue billions of shillings that had been frozen by a State agency on suspicion of money laundering but later freed.
Court of Appeal judge Jessie Lesiit dismissed the appeal by the 2,469 Nigerians saying the investors were not party in the proceedings before the High Court, which was withdrawn by the Assets Recovery Agency (ARA) in February last year.
