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Relief for depositors in Imperial Bank row

One of the branches of the collapsed Imperial Bank.

Large depositors of collapsed Imperial Bank have been spared losses of millions of shillings after the High Court stopped disbursement of funds by the Kenya Deposit Insurance Protection.

Justice Alfred Mabeya issued the order following an application by billionaire businessman Ashok Doshi claiming the Kenya Deposit Insurance Protection has begun disbursing funds to depositors with less than Sh500,000 while leaving out large depositors.

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