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Chase Bank bond holders plan to sue for Sh10b

Chase Bank container. [Photo/Courtesy]

Chase Bank creditors are planning to sue for the Sh10 billion invested in the mixed currency note issued by the troubled lender.

In a notice yesterday, a firm named MTC Trust sought authority to pursue the money after meeting the note holders on August 14 - just three days before the State Bank of Mauritius (SBM) deal closes.

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