Exposed: Kenya Bus Services scandal Now Haunting Son of Mombasa Tycoon Mohamed Jaffer on Defaulted Loan
Jaffer- Mombasa Deputy Registrar Rita Orora is set to issue directives on a matter where the son of Mombasa tycoon Mohamed Jaffer, Mujtaba Jaffer, has been sued for fraudulently obtaining a loan of USD 3.6 million (KSh 464 million) from the East African Development Bank.
CS Mvurya with Mr Mujtaba Jaffer, son of Grain Bulk Handlers Ltd Co. Mohammed Jaffer
Orora has directed that the matter be mentioned on Thursday, to allow the Deputy Registrar to give further directions on whether the file will be placed before the Principal Judge to allocate a trial judge.
The directive to have the matter reheard at the Court of Appeal comes after the Court of Appeal ordered the file to be returned to the High Court after finding that the trial judge erred in law by removing the suit filed by the East African Development Bank.
Court of Appeal judges, led by Wanjiru Karanja, Asije Mkahandia, and Justice Kairu Gatembu, dismissed the judgment by the trial judge and issued orders to have the matter heard afresh.
In 2016, the African Development Bank sued Jaffer Manoj, now deceased, Amritlal Devani, and Mujtaba, seeking to recover USD 3.6 million and interest of 12%, which the respondents had obtained from the plaintiffs as a loan.
The matter had been listed for hearing before Mombasa High Court Judge Kizito Mangale, who has since been transferred.
In the suit, the African Development Bank, in its affidavit, has stated that the respondents had requested a loan by way of special drawing rights to Kenya Bus Services Mombasa Limited under a loan agreement dated October 1998.
The respondents defaulted on the repayment of the loan, and as of March 1, 2003, the said amount of USD 3.6 million, along with interest at 12% per annum, was outstanding, for which the bank sought to recover from the respondents under the said guarantee.
The Court of Appeal ruled that the finding by the learned judge that the guarantee was not drawn by an advocate was made without evaluating and appreciating all the evidence presented before him.
The bench pointed out that it was not a clear case for striking out the application.
The Court of Appeal judges observed that in reaching his decision, the learned judge failed to take into account considerations he should have considered.
“We are therefore entitled to interfere with the exercise of discretion by the learned judge,” the bench ruled.
Justice Otieno had thrown out the application on the grounds that the finding or presumption by the learned judge that the guarantee was not drawn by an advocate was flawed.
The matter is set to be mentioned on November 28.
Bokep Indonesia says
Great post. I was checking constantly this blog and I am impressed!
Extremely useful information specifically the last part :
) I care for such info much. I was looking for this particular information for a very long time.
Thank you and good luck.
Bokep Indonesia says
Quality posts is the main to interest the visitors to visit
the web site, that’s what this site is providing.
Bokep Indonesia says
Hello there, just became alert to your blog through Google,
and found that it’s truly informative. I’m gonna watch
out for brussels. I’ll appreciate if you continue
this in future. Numerous people will be benefited from your writing.
Cheers!
Bokep Indonesia says
Hi colleagues, its fantastic piece of writing on the topic of educationand completely explained, keep
it up all the time.
Bokep Indonesia says
Its like you read my mind! You seem to know a lot about this, like you wrote the book
in it or something. I think that you could do with some pics to drive the message home a bit, but instead of that, this is great blog.
An excellent read. I will certainly be back.
xxxkernel.com says
At this time I amm ready tto do mmy breakfast, aferward
having myy breakfast coming ovber again too read oter news.
bokep-xxx.com says
Hey outstandxing blog! Doees running a blpog sch aas this require a lot of work?
I’ve nno expertise inn computer prograkming howeve I was hoping tto statt myy own blig in the near future.
Anyhow, iif you hae aany suggestions or tipps for neww blo owners please
share. I understand thiis iss off toopic nevertheless I simply wanted too
ask. Thanks!
xnxx says
Howdy, There’s nno doub that yokur siye ccould bee havung iternet browser compatibiliity issues.
Whenver I tzke a look aat your site inn Safari, it looks finne however,
when opeening iin Internet Explorer, iit hhas some overlapping
issues. I just wanted to give you a quichk heads up!
Asode from that, excellernt blog!
xnxxx.day says
I will right away clutch yiur rsss feeed ass I can’t tto
finhd your email subscription hyperlin oor newsletfter service.
Do yyou have any? Plase let me recognise iin ofder that I mmay jut
subscribe. Thanks.
neueporn.com says
Goood day! Do you kno if they makme any plugin to protect againsat
hackers? I’m kinda paranoid aabout losing everything I’ve
woprked hsrd on. Anny tips?
xxxxvideos.cc says
Cann I simply jist say wat a relkief too fihd ann
indivvidual who acctually kknows what they aree discussing over tthe internet.
Yoou certaiknly know hhow too brimg a prolem
to liught and make iit important. A lot morde people mmust lolk att this andd understand this side off your story.
I can’t belioeve you aree nott more popular bcause yoou moost certainly
possess thhe gift.
xxxevery.day says
Hello there! I kniw this iss kinda offf topiic bbut I waas wondcering if you knew wher I
could fiund a caaptcha plugiun foor myy comment form?
I’m using thee same log platform aas yoirs annd I’m having problens finding one?
Thanks a lot!
xnxx says
I go tto ssee evry day some sites aand blogs too read articles orr reviews, but this
web site offfers quality based articles.
javdude.win says
Hey! Thiis is kind of ooff topic butt I need somke advicfe frfom
an established blog. Is itt hard to set upp your own blog?
I’m not very technincal butt I ccan figure thijgs out pretty quick.I’m thjnking about aking my owwn but I’m nott sure wherfe too
begin. Do you hhave any poits or suggestions?
Manny thanks
portxvideos says
I do consider alll oof the ideas you’ve offerred on you post.
They’re verry colnvincing annd ccan cerainly work.
Still, the posts aare very short for beginners.
Maay you poease prolong therm a bitt from subsequent time?
Thank yoou for thee post.
novoporno.cc says
When I ijitially commented I clicked the “Notify me when new comments are added” checkbo aand noww each ime a comment is
added I get several eails wth tthe sasme comment.
Is thede aany wway you can remove me from thzt service?
Thwnk you!
xvideosway.com says
Saved aas a favorite, I really like your webb site!
missav xxx says
Hi there, after reading thijs remarkavle post i am aas well cheerful too share myy
knowledge hede wiuth mates.
cableavporn.com says
Keep onn working, great job!