HF in Sh317m loan dispute with Nairobi training centre

Vikrut Prerequisites wants HF to explain how a Sh89 million loan it owed the lender grew to Sh317 million. FILE PHOTO | NMG

Mortgage lender Housing Finance (HF) #ticker:HFCK is entangled in a court battle with vocational training centre Vikrut Prerequisites Limited over a disputed Sh317 million loan.

Vikrut claims in suit papers that HF tricked it into thinking the two were partnering up to expand the vocational training centre, but that the lender only extended loans to it which have allegedly been exaggerated.

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