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Suspect in fake gold scam sued over Sh8.9m loan

Zaheer Jhanda during the Interview with the Standard at I&M offices in Nairobi. [Elvis Ogina.Standard]

Politician Zaheer Jhanda, who is at the centre of an unfolding fake gold scam, has been sued by a bank for defaulting on a Sh8.9 million loan.

The asset-financing facility was only serviced for a few months before the repayments were stopped, according to official documents.

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