Sh2b dispute over Nairobi’s Ufundi Plaza rages

NAIROBI: A protracted court battle between Ufundi Sacco Limited and its former members over the ownership and management of a building worth Sh2 billion located in Nairobi may be far from over, even after a tribunal ruled the property belongs to the latter.

Already, the sacco has lodged an appeal challenging the Co-operative Tribunal's decision, which among other things issued a permanent injunction restraining the sale of the building.