PREMIUM Tea factory blocked from joining Citibank Sh261 million loan case Business Just now Listen
02 million facility the bank advanced to Kiru in March 2021, with the Directorate of Criminal Investigation (DCI) examining how the loan was approved, disbursed and moved.
The bank said the DCI summons contained "vague, unparticularised allegations" and sought to investigate an alleged offence of "negligently accepting a credit application", which it argued is unknown to the criminal law.
Article The High Court in Nairobi has rejected an application by Kiru Tea Factory Company Ltd to join a case in which Citibank N.
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