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Adili takes over Savannah Cement operations

KCB and Absa Bank are seeking to recover over Sh10bn owed to them by the cement maker.

Nairobi areaJustice alfred mabeyaRonald ndegwaNyama mamaHarveen gadhokeMalpast industriesAbsa bank kenyaAdili associatesAbsa bankHigh courtSavannah cementAlfred mabeyaMalpast industries limitedMumias sugarCement makerOkwany j

Savannah Cement placed under receivership over Sh10bn debt

The cement maker owes KCB and Absa Bank at least Sh7 billion and Sh3 billion respectively

Athi riverHarveen gadhokeAlfred mabeyaBenson ndetaSupreme courtAbsa bankKenya commercial bankSavannah cement groupHigh courtAbsa bank kenyaHigh court judge alfred mabeyaSavannah clinkerCement groupSavannah cementOkwany jCourt of appeal

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