MKU loses much sought arbitration attempt in Sh511million disputed premises, files late defence kenya-today.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kenya-today.com Daily Mail and Mail on Sunday newspapers.
NEWS
Mount Kenya University Nakuru campus. [John Muchucha, Standard]
Mt Kenya University (MKU) has won a reprieve in a case pitting it against businessman Bernard Gikunda Mwarania. The legal battle rekindles a 10-year dispute over university premises.
This follows a ruling by Nakuru High Court that allowed MKU to file a defence in the Sh511 million dispute against Mwarania’s firm, Step Up Holdings.
“The interlocutory judgement entered against the applicant or defendant on November 17, 2011, is hereby set aside,” ruled Justice Hilary Chemitei.
“The applicant shall within 30 days from the date herein deposit Sh511 million in a joint interest-earning account in the names of both counsel for the applicant and the defendant pending the hearing and determination of the suit,” stated Justice Chetimei.