×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Court rules Bamburi Cement has capacity to pay Sh3.3 billion claim

Bamburi Cement Factory on Mombasa road.[Wilberforce Okwiri/Standard]

The Court of Appeal in Mombasa has ruled that Bamburi Cement has sufficient assets to offset the Sh3,374,684,920 owed to Roy Hauliers Limited in a breach of contract claim.

Justices Francis Tuiyott, Pauline Nyamweya, and Weldon Korir declined to order Bamburi Cement to deposit the money pending arbitration to settle the claim.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in