The Court of Appeal has ruled that any further disagreements between Tatu City directors should be settled at the board level and not in the courts. The five directors were on May 4, 2017 found guilty by Justice Francis Tuiyott of the High Court to have frustrated an in-depth audit by intimidating audit firm PwC. CONTEMPT OF COURTDuring the May 2017 ruling, the High Court ordered that another auditor be appointed to replace PwC (which had withdrawn from consideration). The High Court also found that these directors were in contempt of court. While overturning the decision of the High Court, the appeal court said “such an appointment is an internal affair of the company which only the company could do using its organs”.

Source: The Star February 26, 2018 20:37 UTC