The High Court has halted the release of Sh7 billion in pension funds to 629 retirees of Standard Chartered Bank due to a dispute over legal fees. The injunction, issued by Justice Moses Ado, follows an application by lawyer Ruth Wanyonyi, who seeks to secure her firm's payment for representing the retirees.

• The payout of Sh7 billion to 629 retirees is on hold.
• Lawyer Ruth Wanyonyi, representing the retirees, sought the injunction to settle her legal fees.
• The dispute stems from RBAT Appeal No. 8 of 2021, where retirees successfully challenged pension claim handling.
• The order temporarily restrains the implementation of the September 12, 2025 public notice regarding the pension payout, with further directions expected on October 2, 2025.

The High Court has ordered the seizure and auction of EcoBank Kenya’s assets to recover KSh 284 million owed to the estate of former cabinet minister Mbiyu Koinange. This landmark ruling redefines banks’ obligations in managing estate accounts.

• Moran Auctioneers is authorized to attach and sell EcoBank's movable property after a 15-day notice.
• The order stems from a June judgment by Justice Eric Ogolla, finding EcoBank liable for irregular withdrawals despite a prior court order.
• Justice Ogolla ruled that the "onus of ensuring that the bank account is managed accordingly lies with the bank."
• The original 2011 ruling by Justice David Maraga mandated funds remain untouched without court approval.
• This case sets a precedent, holding financial institutions liable for losses from estate accounts, even with authorized signatories' instructions.

A new petition filed in the Kenyan Parliament seeks stricter regulation of loan interest charges to combat predatory lending practices by banks, digital lenders, and shylocks.

• The petition, filed by lawyer Allen Waiyaki Gichuhi, proposes amending the Consumer Protection Act, Cap. 501 to codify the in duplum rule.
• The in duplum rule caps interest on non-performing loans at an amount equal to the outstanding principal.
• The petition highlighted concerns that lenders charge interest, penalties, and fees exceeding the loan principal despite the in duplum rule being recognized under Section 44A of the Banking Act.