Late Jacob Juma firm ordered to pay Government Sh326m

The late Jacob Juma who owned Cortec Mining that sued the Government for cancelling its operating licence. [File, Standard]

A firm that was owned by the late Jacob Juma will pay the Government Sh326 million in legal costs.

Cortec Mining, which had sued the Government alongside Stirling Mining Ltd (SML), suffered a major setback in a Sh2 trillion claim against the Government after the International Centre for Settlement of Investment Disputes dismissed the case on grounds it was not legitimate.