×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

KPC urges court to throw out Sh500m new claim filed by Lebanese firm

Kenya Pipeline Company (KPC) petroleum storage facilities in Nairobi on August 21, 2024. [Kanyiri Wahito Standard]

Kenya Pipeline Company (KPC) has protested the suit to freeze its bank accounts in a fresh dispute with a Lebanese firm, Zakhem, over alleged unpaid Sh500 million.

Barely weeks after the High Court threw out Zakhem’s application to freeze KPC’s accounts in yet another claim of Sh926 million, the firm’s lawyer, Ahmednasir Abdullahi, filed another claim—this time targeting Equity Bank, Stanbic Bank, Kenya Commercial Bank, NCBA Bank, Citibank, Co-operative Bank, and Absa.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in