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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
This is an intriguing tale of, as yet, secret “Nairobi transaction” which, according to Justice Morgan of the Chancery Division, Companies Court, in the UK has thrown up a “nuclear mushroom cloud” of litigation.
In a chain of civil cases, involving influential Saudi princes and royalty with Jordanian businessmen, an international cauldron of diplomatic confusion has erupted roping in the USA, UK and Lebanon; whether the Kenyan Government gets involved remains to be seen.
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