Britam opposes application to lift orders freezing Acorn accounts

Kenya: Investment firm, Britam, has opposed an application filed at the High Court seeking to lift orders freezing accounts of Acorn Group.

In a heated argument before High Court Judge David Onyancha, Britam through its lawyer Fred Ngatia, told the court that the temporary orders freezing the accounts were a justified cause, adding that if the defendants were allowed to continue operating the accounts, then the company would suffer irreparable damage.