court of appeal - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

KCB to auction 100 Greatwall Apartments in Athi River

Sacco ReviewApril 26, 2024April 26, 202404 mins

Some 100 homeowners at Greatwall Gardens estate in Athi River might lose their units after Erdemann Property Limited lost a KSh1.9 Billion loan case against Kenya Commercial Bank. Erdermann Property Ltd, the developer made a prayer to the court saying that homeowners were innocent purchasers and that the units were sold by mistake, the prayer…

Court of Appeal gives Saccos greenlight to share members’ details with CRB

Sacco ReviewFebruary 28, 2024February 28, 202404 mins

The Appeal Court has given orders barring an High Court ruling delivered in September last year which nullified the Banking (Credit Reference Bureau-CRB) Regulations 2020 pending the hearing and determination of the appeal case filed by the Central Bank of Kenya (CBK). The implication is that Saccos are now free to share members’ details with…