The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The corporation says Standard Chartered Bank has failed, neglected and refused to consider its proposal on how to settle the debt. [Courtesy]
The Milling Corporation of Kenya wants the High Court to stop the Standard Chartered Bank from auctioning its property.
The government-owned firm that deals in maize meal and animal feeds had used the property as security for a Sh2.2 billion loan taken between 2010 and 2015.
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