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The Kenya Electricity Transmission Company (Ketraco) has moved to the Court of Appeal after its 17 bank accounts were frozen over a Sh10 billion payout to Spanish company Instalaciones Inabensa.
In its court papers filed by Dennis Mosota and Emmanuel Mumia, the State-owned firm argued that the orders issued by High Court Judge Peter Mulwa had crippled its operations.
Mosota and Mumia argued that Ketraco plays a critical role in the country; hence, allowing its accounts to be frozen in a bid to have Inabensa recoup the money amounts to a security threat.
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