Appeal Court rejects tycoon's bid for priority refund in Imperial Bank case

Mombasa-based businessman Ashok Doshi when he appeared before the Mombasa Law Courts in 2016. [File, Standard]

The Court of Appeal in Mombasa has said that tycoon Ashok Doshi and his wife Amit Doshi are not at the top of the priority list of those to be paid despite Imperial Bank sinking with their more than Sh1 billion.