Ruto-linked Firm Ordered to Pay Millions to Kenya Power
10 January 2021 - 12:20 pm
Deputy President William Ruto switches on power at the home of Subano Aris, a 77-year-old widower in Tente, West Mugirango in Nyamira County
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African Merchant Assurance Co. Ltd (Amaco) suffered a blow in court after it was ordered to pay Kenya Power Company, Ksh14 Million.
The Ksh14 Million to be paid to Kenya Power is in relation to damages in costs incurred in a case that involved a Ksh71 Million fire loss claim.
The ruling was delivered by justice Reuben Nyakundi, with the court upholding the decision of a magistrate to cap the bill of costs at Ksh14,660,987.
DP Ruto in deep stress as court orders company linked to him to pay millions to KPLC
African Merchant Assurance Co. Ltd (Amaco) suffered a blow in court after it was ordered to pay Kenya Power Company, Ksh14 Million.
The Ksh14 Million to be paid to Kenya Power is in relation to damages in costs incurred in a case that involved a Ksh71 Million fire loss claim.
The ruling was delivered by justice Reuben Nyakundi, with the court upholding the decision of a magistrate to cap the bill of costs at Ksh14,660,987.
Amaco which is associated with Deputy President William Ruto moved to court in 2012 after a fire incident at Kibaoni area in Malindi, where several properties were damaged.