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Fidelity Bank shareholders dig in for cancelling of SBM deal, cite coercion


The decision to sell bank at $1 and claims of coercion by then CBK governor refuse to die as owners blame the regulator for the misfortunes that lender went through.

Sultan-khimji , Fidelity-bank , Imperial-bank-ltd , Central-bank-of-kenya , Patrick-njoroge- ,

Ex-Nakumatt CEO Atul Shah to pursue millions in Imperial Bank accounts

Ex-Nakumatt CEO Atul Shah to pursue millions in Imperial Bank accounts
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Kenya , Andrew-rutto , Justice-alfred-mabeya , Justice-mabeya , Central-bank , Imperial-bank-ltd , Imperial-bank , High-court , Kenya-deposit-insurance-corporation , Atul-shah , Alfred-mabeya , Neelam-atul-shah

Nairobi Wire

Kenya Breaking News, Entertainment, Politics, Business, Money

Angola , Republic-of-angola , Musalia-mudavadi , William-ruto , Imperial-bank-ltd , Hustler-group-loan , Financial-inclusion-fund , Prime-cabinet-secretary-musalia-mudavadi , Manuel-gon , President-william-ruto , Imperial-bank ,

Nairobi Wire

Kenya Breaking News, Entertainment, Politics, Business, Money

Russia , Kenya , William-ruto , Imperial-bank-ltd , Financial-inclusion-fund , Hustler-group-loan , President-william-ruto , Imperial-bank ,

Court of appeal gives green light for Imperial Bank liquidation

nairobiwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairobiwire.com Daily Mail and Mail on Sunday newspapers.

Kenya , Ashokl-doshi , Justice-njoki-mwangi , Amita-doshi , High-court , Kenya-deposit-insurance-corporation , Imperial-bank-ltd , Central-bank , Imperial-bank , Njoki-mwangi , Business-daily ,

Court now clears way for Imperial Bank liquidation


The Court of Appeal has suspended a decision rendered last November stopping the liquidation of collapsed Imperial Bank Ltd.

Kenya , Gatembu-kairu , Ashokl-doshi , George-odunga , Pauline-nyamweya , Justice-njoki-mwangi , Amita-doshi , Central-bank , High-court-on , High-court , Kenya-deposit-insurance-corporation , Imperial-bank

Court halts disputed liquidation of collapsed Imperial Bank


Mr Doshi is challenging the appointment of KDIC as the liquidator of the bank claiming that it was done illegally and irregularly.

Central-bank-of-kenya- , Imperial-bank-ltd , Ashok-doshi , Kenya-deposit-insurance-corporation , Liquidation ,

Ex-receiver manager accuses Imperial Bank bosses of cooking books


A former receiver manager of Imperial Bank Ltd on Tuesday told a Nairobi court that senior officials colluded to cover up fraud.


Nairobi , Nairobi-area , Kenya , Muthaiga , Milimani , Coast , United-kingdom , Mohamud , Zulfikar-haiderali-jessa , Ahmednasir-abdullahi , Nashir-haiderali-jessa , Gitau-singh

CBK wants orders on Imperial Bank liquidation lifted


CBK is seeking to have orders which had been issued temporarily stopping the liquidation of Imperial Bank Ltd set aside.

Kenya , Willis-oluga , Ashok-doshi , Justice-john-onyiego , Justice-onyiego , Imperial-bank-ltd , Kenya-deposit-insurance-corporation , Central-bank , Kenya-insurance-deposit-corporation , Imperial-bank , High-court , Gazette-notice

CMA faces probe over defaults in Sh13.5bn Cytonn funds

CMA faces probe over defaults in Sh13.5bn Cytonn funds
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Kenya , Garissa , North-eastern , Kenyan , Kenneth-kasinga , Aden-duale , Cytonn-money-market-fund , Imperial-bank-ltd , Cytonn-high-yield-solutions , Committee-on , National-planning , Cytonn-equity-fund