The High Court on Thursday ordered April 25 hearing for a case in which more than 10,000 members of the dissolved Akiba Micro Financing Ltd are seeking Sh2 billion compensation from CBK. However, Justice Tuiyot ruled the case should go for a full hearing and determination. He said although the High Court is on vacation, he is ready to hear the case on April 25, so creditors are compensated. Early this month, the High Court ruled the case has merit. In October last year, the High Court ordered the case be heard without delay.
Source: The Star April 14, 2017 20:26 UTC