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Originally published by Capital News
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April 20, 2026
2h ago

Devani Seeks Court-Ordered Audit of Triton Petroleum Receivership

Devani Seeks Court-Ordered Audit of Triton Petroleum Receivership

The court has already certified the matter as urgent, ordering the respondents to file their replies within seven days. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Businessman Yagnesh Mohanlal Devani has initiated legal action, seeking a court-ordered audit of the receivership of Triton Petroleum Company Limited, which has been ongoing for 17 years.

  • Devani is demanding a full forensic audit of all transactions, asset disposals, recoveries, and expenditures during the receivership.
  • Key respondents include Kenya Commercial Bank, Eastern and Southern African Trade and Development Bank, and the Central Bank of Kenya, alongside the company's receivers and managers.
  • The businessman alleges a lack of transparency, inadequate accounting for assets, and a failure by lenders and the Central Bank of Kenya to meet their obligations and oversight roles respectively.

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