Kenya : Bankers bet on out-of-court mediation to unlock Sh10b rows - News Summed Up

Kenya : Bankers bet on out-of-court mediation to unlock Sh10b rows


According to him, since family division cases were not monetised, the figure could be higher. While terming litigation as expensive, difficult and time consuming, Muongo reached out to lawyers to embrace mediation when handling clients’ cases. KBA has successfully finished its pilot phase of mediation that involved Barclays, Equity, Family, Gulf African Bank and Housing Finance. In February last year, the retired Chief Justice Willy Mutunga created the Mediation and Accreditation Committee to come up with guidelines for successful mediation. According to KBA Chairman Habil Olaka, going for mediation instead of lengthy litigation processes, would ensure the backlog of cases before the courts are cleared.


Source: Standard Digital July 06, 2016 07:41 UTC



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