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Pattni firm suffers setback over Laico Regency deal


Pattni firm suffers setback over Laico Regency deal
Monday July 26 2021
By SAM KIPLAGAT
Summary
Westmont was seeking to overturn the demand to deposits Sh20 million before its multi-billion shilling claims against the CBK can proceed.
Malaysia-based Lynwood Development Limited used its local agent, Westmont Holdings, to pay Sh185.5 million to the CBK in April 1997, being a 10 percent deposit for the purchase of Grand Regency Hotel.
The hotel was ultimately sold to Libya Arab Investment Company (Laico) and renamed Laico Regency, prompting Westmont to sue seeking refund.
A company associated with Goldenberg architect Kamlesh Pattni has lost a bid for Supreme Court to determine its dispute with the Central Bank of Kenya (CBK) over a multi-million shilling claim linked to sale of Laico Regency hotel. ....

Justice Majid Cockar , Justice Luka Kimaru , Mwai Kibaki , Hames Watts , Kamlesh Pattni , Lynwood Development , Libya Arab Investment Company Laico , Central Bank , Regency Hotel , Supreme Court , Westmont Holdings , Lynwood Development Ltd , High Court , Laico Regency , Lynwood Development Limited , Grand Regency , Libya Arab Investment Company , Grand Regency Hotel , கமலேஷ் பட்டணி , மைய வங்கி , ரீஜென்சி ஹோட்டல் , உச்ச நீதிமன்றம் , உயர் நீதிமன்றம் , லைகோ ரீஜென்சி , மாபெரும் ரீஜென்சி , மாபெரும் ரீஜென்சி ஹோட்டல் ,

Former Banker Reveals How Pattni Defrauded the CBK

Former Banker Reveals How Pattni Defrauded the CBK
kenyans.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kenyans.co.ke Daily Mail and Mail on Sunday newspapers.

Nairobi Area , Kenya General , Michael Wanjihia Onesmus , Simon Kiragu , Kamlesh Pattni , Central Bank , நைரோபி பரப்பளவு , கமலேஷ் பட்டணி , மைய வங்கி ,

Kenya government gifts major hotel to Libya for peanuts


In an apparent cloak and dagger action, shrouded by secrecy and leaks, the Kenyan government appears to have sold the prestigious Grand Regency Hotel for a pittance of less than 3 billion Kenya shilli
In an apparent cloak and dagger action, shrouded by secrecy and leaks, the Kenyan government appears to have sold the prestigious Grand Regency Hotel for a pittance of less than 3 billion Kenya shillings (approximately US$45.6 million) to the Libyan government under a private sale agreement. Figures available right now vary between 2 billion and 2.9 billion Kenya shillings.
It has also became evident that no public bidding or tendering was chosen by the promoters – or should one say perpetrators – of the deal to maximize the proceeds of the sale, as a number of international hotel chains had of late expressed interest in coming to Kenya and may have wanted to make offers for the Grand Regency themselves. ....

Nairobi Area , Amos Kimunya , Kamlesh Pattni , Raila Odinga Orange Democratic Movement , Mwai Kibaki Party Of National Unity , Regency Hotel , Grand Regency Hotel , Grand Regency , Goldenberg Affair , Uhuru Highway , Goldenberg Affair Kamlesh Pattni , Finance Minister Amos Kimunya , President Mwai Kibaki , National Unity , Prime Minister Raila Odinga , Orange Democratic Movement , நைரோபி பரப்பளவு , கமலேஷ் பட்டணி , ரீஜென்சி ஹோட்டல் , மாபெரும் ரீஜென்சி ஹோட்டல் , மாபெரும் ரீஜென்சி , கோல்டன்பெர்க் செய்கை , உஹுரு நெடுஞ்சாலை , தேசிய ஒற்றுமை , ஆரஞ்சு ஜனநாயக இயக்கம் ,

Murgor: Is he CJ Kenyans won't have or punching above weight?


NATIONAL
Senior Counsel Philip Murgor during an interview with The Standard at his office in Nairobi, Wednesday, June 9, 2021. [David Njaaga, Standard]
To understand Senior Counsel Philip Murgor, one must peel off countless layers of a man who is intensely motivated, devoted to his family and a public servant. You sense a little impatience in him, enough to declare he is no pushover.
The son of former Provincial Commissioner Charles Murgor, by any measure the Lenana School old boy was raised with a silver spoon in his mouth.
But the former DPP would like to be seen as a product of both worlds. He has hobnobbed with the who-is-who in the country, including working for former presidents Daniel arap Moi and Mwai Kibaki, but suggests that he has not lost his common touch. In fact, he maintains an uncommon panache. ....

Nairobi Area , Rift Valley , Musalia Mudavadi , Evan Gicheru , Philip Murgor , Justice Martha Koome , George Kinoti , Mutula Kilonzo , Kamlesh Pattni , Evangeline Muli , Charles Murgor , Justice Philomena Mwilu , Mwai Kibaki , Uhuru Kenyatta , Thomas Cholmondeley , Abraham Kiptanui , Maina Kiai , Raila Odinga , William Ruto , John Koech , John Githongo , Sarah Cohen , Amos Wako , Kenya National Human Rights Commission , Judicial Service Commission , Kenya Seed Company ,