He confirmed the unit had early this month obtained a court order allowing it to probe bank accounts owned by Shah and his sons. But Atul earlier this month moved to court and obtained a court order suspending the investigations. Atul was Nakumatt’s managing director since its inception in 1987 to January this year when Kahi was appointed administrator. “The BFIU had obtained a court order to investigate bank accounts of Nakumatt’s directors and that is what they have now challenged in the High Court. He added the probe will consider the possibility funds may have been diverted by Atul and stashed offshore, beyond the jurisdiction of Kenyan courts.

Source: The Star March 22, 2018 20:37 UTC