Companies Court blocks Telkom bosses trial in Sh14bn city land suitTelkom CEO Mugo Kibati. Justice Anthony Mrima put on hold plans by Postel Housing Co-operative Society Ltd to privately prosecute current and former directors of Telkom over 60-acre land deal brokered in 1993. The High Court has blocked the planned private prosecution of senior officials of Telkom Kenya, among them chief executive officer Mugo Kibati over a disputed Sh14bn parcel of land on Nairobi’s Ngong Road. Justice Anthony Mrima put on hold plans by Postel Housing Co-operative Society Ltd to privately prosecute current and former directors of Telkom over 60-acre land deal brokered in 1993. Senior principal magistrate Kennedy Cheruiyot had on October 8 allowed officials of the society to privately prosecute the former and current directors.

Source: The North Africa Journal November 01, 2021 21:03 UTC