Judge trashes affidavit querying Dubai firm’s part in Mumias saga - News Summed Up

Judge trashes affidavit querying Dubai firm’s part in Mumias saga


Mumias Sugar Company main gate [Benjamin Sakwa, Standard]The High Court has struck out an affidavit querying the involvement of a Dubai company in the Mumias lease battle. Mr Rao, he said, was appointed to represent Kenya Commercial Bank and not any other creditor owed by Mumias. Vartox also supported the bid to kick out Mr Rao from Mumias, claiming he was not diligent while managing Mumias. Mr Khachatourian said Mr Rao dealt with Mumias assets without consulting creditors. Mr Rao and KCB said Sarrai emerged the best while West Kenya had floated a spoiler bid.


Source: Standard Digital March 15, 2022 06:15 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */