Kenya: Collapsed Imperial Bank Depositors Demand Payment

The controversy surrounding the collapsed Imperial Bank has deepened after several depositors moved to court seeking orders compelling the receiver to pay them part of their deposits.

Vista Management Consultants Ltd, Kaushik Natwarlal Thakkar, Amool Jivraj Nathwani, Atul Shah and Dune Packaging Ltd, have filed separate applications claiming that they were left out of the initial payments made to depositors by the Kenya Deposit Insurance Corporation (KDIC).

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