CIB Kenya had moved to court seeking an “informal charge” order to attach a parcel of land owned by the firm in Nairobi as collateral, pending the hearing and determination of a suit on the debt.
A Commercial Court has allowed Credit Bank to auction a prime piece of land in Upperhill where a real estate firm intended to build Africa’s tallest building, The Pinnacle.
The cash-strapped Kamuthi Housing Cooperative Society has lost control of 176 acres worth Sh10 billion in Kahawa West, Nairobi, after an appeals court upheld an earlier ruling in favour of Nairobi ...