NEWS
Cyrus Jirongo. [Courtesy]
A company associated with politician Cyrus Jirongo has suffered a major setback after the Court of Appeal declined to freeze South Sudan government accounts over Sh5 billion dispute.
After the High Court lifted the orders barring the Salva Kiir-led Government from transferring the contested money from National Commercial Bank of Africa (NCBA) and Stanbic Bank, Jirongo’s firm, Yu Sung Construction Limited appealed hoping to reinstate the orders.
However, Court of Appeal judges Daniel Musinga, Patrick Kiage and Gatembu Kairu dismissed the application noting that Yu Sung had not proved that if the court rules in its favour, South Sudan is not capable of paying.
Jirongo-linked firm loses bid to freeze South Sudan accounts
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Jirongo-linked firm loses bid to freeze South Sudan accounts
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.
South Sudan gets accounts access in Sh5bn Jirongo row
Tuesday March 09 2021
By SAM KIPLAGAT
Summary
High Court has allowed the South Sudan government to operate the two accounts on condition that it leaves Sh5.4 billion untouched.
South Sudan had protested an earlier decision to freeze the accounts, terming it a declaration of war by Kenya, as it is now unable to deliver any services to its largely poor population.
Justice Joseph Sergon barred the Salva Kiir-led government from removing Sh5.4 billion from the two accounts, as Yusung Construction pursues an appeal against an order lifting the complete freeze on the two accounts.