Citibank Battles State Probe in High Court Over Controversial Sh261M Kiru Tea Loan

Citibank Battles State Probe in High Court Over Controversial Sh261M Kiru Tea Loan

Citibank Kenya has mounted a major legal battle at the High Court in Nairobi in a determined bid to shield its staff from aggressive criminal investigations surrounding a $2.02 million (approximately KSh 261 million) credit facility extended to Murang’a-based Kiru Tea Factory Company Limited. The international financial institution has filed a constitutional petition seeking urgent … Read more