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Now Karuturi requests court to end receiver managers’ deal

NAIROBI, KENYA: Troubled Naivasha-based flower farm, Karuturi Ltd, has asked the High Court to terminate the services of receiver managers appointed in 2014 to run its operations.

In papers filed before the Milimani law court's Commercial and Admiralty Division, Karuturi claimed that the failure of CFC Stanbic to advance loan and overdraft facilities had led to the collapse of the flower firm operations in 2014.

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