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Guaranty ordered to release Sh19.7m held in ex-KPA chief’s account
Thursday April 29 2021
By PHILIP MUYANGA
The High Court has ordered Guaranty Bank Kenya Ltd to release Sh19.7 million held in two accounts belonging to former Kenya Ports Authority (KPA) managing director James Mulewa to the Ethics and Anti-Corruption Commission (EACC).
Justice Eric Ogola issued the directive following an application by the bank seeking a court order to release the money saying it did not wish to be caught up in execution proceedings since its relation with Mr Mulewa was a ‘bank-customer’ relationship.
The court heard that despite numerous demands from the EACC, the lender was unable to release the money without a court order.