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Two firms want NBK boss found in contempt of court

Two firms want NBK boss found in contempt of court
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Samuel Mundia , Paul Russo , Eustace Nyaga , Legal Services , National Bank , Juja Coffee Exporters Ltd , Lamu Ginneries Ltd , Miqdad Enterprises Ltd , High Court , Tahir Sheikh Said , Coffee Exporters Ltd , Managing Director , Lamu Ginneries , Juja Coffee Exporters , சாமுவேல் முந்திய , பால் ருஸ்ஸோ , சட்டப்பூர்வமானது சேவைகள் , தேசிய வங்கி , உயர் நீதிமன்றம் , தாஹிர் ஷேக் கூறினார் , நிர்வகித்தல் இயக்குனர் ,

NBK cleared to auction late Mombasa tycoon TSS property over Sh3.7b loan

THE STANDARD
MONEY & CAREERS
National Bank of Kenya MD Paul Russo (PHOTO: FILE)
NAIROBI, KENYA: Court of Appeal has lifted orders barring the National Bank of Kenya from selling late Mombasa Tycoon Tahir Sheikh Said (TSS) over USD 37 million (Sh3.7b) loan.
Justices William Ouko, Gatembu Kairu, and Kathurima M’Inoti overturned Environment and Lands Court Judge James Olola’s orders saying that although he was moved by sympathy that TSS had just died when the bank issued its notice, the law tilted in favour of the lender.
TSS owned a majority stake in Juja Coffee Exporters Limited. The company had borrowed from NBK Sh 2.9 billion and used a piece of land in Mombasa as security. The property was registered in TSS’s other company, Lamu Ginners Company Limited. ....

Nairobi Area , Gatembu Kairu , Justice Olola , Kathurima Minoti , James Olola , William Ouko , Appeals Court , Juja Coffee Exporters , National Bank , Judgment Of The Court , Lands Court , Lamu Ginners Company , Mombasa Tycoon Tahir Sheikh Said , Kathurimam Inoti , Lands Court Judge James Olola , Tauhida Tahir Said , National Bank Of Kenya , நைரோபி பரப்பளவு , முறையீடுகள் நீதிமன்றம் , தேசிய வங்கி , தீர்ப்பு ஆஃப் தி நீதிமன்றம் , நிலங்கள் நீதிமன்றம் , மாஂபாஸ அதிபர் தாஹிர் ஷேக் கூறினார் , தேசிய வங்கி ஆஃப் கேந்ய ,

NBK cleared to sell tycoon's property - The Standard

THE STANDARD
By
Kamau Muthoni |
March 12th 2021 at 00:00:00 GMT +0300
Mombasa businessman Tahir Sheikh Said alias TSS. [Maarufu Mohammed, Standard]
The Court of Appeal has lifted orders barring the National Bank of Kenya (NBK) from selling the property of late Mombasa tycoon Tahir Sheikh Said (TSS) over a Sh4 billion loan.
Justices William Ouko, Gatembu Kairu and Kathurima M’Inoti overturned Environment and Lands Court’s orders, saying that although Justice James Olola sympathised with the fact that TSS had just died when the bank issued its notice, the law was tilted in favour of the lender.
TSS owned a majority stake in Juja Coffee Exporters, which had borrowed Sh2.9 billion from NBK and used a parcel of land in Mombasa as security. The property was registered under another firm owned by the businessman, Lamu Ginners Company. ....

Justice James Olola , Gatembu Kairu , Justice Olola , Kathurima Minoti , William Ouko , Appeals Court , National Bank , Lands Court , Lamu Ginners Company , Tahir Sheikh Said , Kathurimam Inoti , Juja Coffee Exporters , Lamu Ginners , Tauhida Tahir Said , Juja Coffee , National Bank Of Kenya , முறையீடுகள் நீதிமன்றம் , தேசிய வங்கி , நிலங்கள் நீதிமன்றம் , தாஹிர் ஷேக் கூறினார் , தேசிய வங்கி ஆஃப் கேந்ய ,

NBK cleared to auction late Mombasa tycoon TSS property over Sh3.7b loan

NBK cleared to auction late Mombasa tycoon TSS property over Sh3.7b loan
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.

Nairobi Area , Gatembu Kairu , Justice Olola , Kathurima Minoti , James Olola , William Ouko , Appeals Court , Juja Coffee Exporters , National Bank , Judgment Of The Court , Lands Court , Lamu Ginners Company , Mombasa Tycoon Tahir Sheikh Said , Kathurimam Inoti , Lands Court Judge James Olola , Tauhida Tahir Said , நைரோபி பரப்பளவு , முறையீடுகள் நீதிமன்றம் , தேசிய வங்கி , தீர்ப்பு ஆஃப் தி நீதிமன்றம் , நிலங்கள் நீதிமன்றம் , மாஂபாஸ அதிபர் தாஹிர் ஷேக் கூறினார் ,