The two words that cost Heineken Sh1.8bn in row with tycoon
The words were in a letter sent to tycoon Ngugi Kiuna by Heineken seven years ago cancelling a distributorship contract.
Source: businessdailyafrica.com
Stay updated with breaking news from Abida Ali Aroni. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The words were in a letter sent to tycoon Ngugi Kiuna by Heineken seven years ago cancelling a distributorship contract.
The bench said the amount awarded by the High Court was reasonable as it would enable the distributor to recoup its expenditure and goodwill.
The court said the amount was unexplained cash deposited to his bank accounts.
Dwight in his appeal has faulted the Judge for relying on an inconsistent confession.
The case was filed by the Law Society of Kenya.