Appeal Court rejects tycoon's bid for priority refund in Imperial Bank case

The Court of Appeal has said that tycoon Ashok Doshi and his wife Amit Doshi are not at the top of the priority list of those to be paid despite Imperial Bank sinking with their over Sh1 billion...

✨ Key Highlights

The Court of Appeal in Mombasa has ruled against businessman Ashok Doshi and his wife Amit Doshi in their bid for priority refund in the Imperial Bank case.

The couple sought to be at the top of the list for repayment despite having over Sh1 billion invested in the collapsed bank.
Key parties involved include businessman Ashok Doshi, his wife Amit Doshi, and the Imperial Bank.
The ruling means the couple is not prioritized for receiving their funds back, despite their substantial investment.

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