Tycoon Ashok Doshi demands protection of his Sh1b held in Imperial Bank

Lawyer Francis Kadima, for Businessman Ashok L Doshi, addresses journalists outside the Mombasa High Court after filling a suit against the Central Bank of Kenya and collapsed Imperial Bank. [PHOTO: GIDEON MAUNDU/STANDARD]

His is a story of pain and despair. He was among the more than 5,000 depositors with the collapsed Imperial Bank. But Ashok L Doshi, a businessman from Mombasa, was not an ordinary client.

His account at Imperial Bank had Sh1 billion, which he cannot access. This was revealed yesterday when Ashok L Doshi and his wife Amit A Doshi moved to court to sue Central Bank of Kenya (CBK) and Imperial Bank in a bid to safeguard his money.