The East African Development Bank (EADB) is attempting to recover Sh1.3 billion from Kenya Bus Service (KBS) Mombasa. This follows the default on a Sh126.75 million loan originally issued in 1998.

• The outstanding amount sought for recovery is Sh1.3 billion.
• Key parties involved include EADB and KBS Mombasa.
• The original loan was Sh126.75 million, issued in 1998, with initial guarantors including Mohamed Jaffer, Minoj Shah, and the estate of Amritlal Devani.