×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Court grounds REA's cargo over Sh140m bank claim

NAIROBI: A consignment belonging to Rural Electrification Authority (REA) will remain grounded until a case surrounding an alleged debt of close to Sh140 million is heard and determined by the High Court.

The authority, together with Bear Afric Ltd, is embroiled in a legal battle lodged by Equatorial Commercial Bank (ECB), which claims the firm (Bear) had not honoured its end of the bargain by paying back the monies allegedly lent to it.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902