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Originally published by Nation Business
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business
August 30, 2026
13h ago

Tea factory blocked from joining Citibank Sh261 million loan case

Tea factory blocked from joining Citibank Sh261 million loan case

The case concerns a $2.02 million facility the bank advanced to Kiru Tea Factory Company Ltd in March 2021...

✨ Key Highlights

The High Court in Nairobi has denied Kiru Tea Factory Company Ltd permission to join a legal dispute where Citibank N.A. Kenya is challenging a criminal investigation into a Sh261 million loan.

  • The court ruled that Kiru Tea Factory failed to demonstrate how its interests would be prejudiced if excluded from the case.
  • Key organizations involved are Kiru Tea Factory, Citibank N.A. Kenya, and the Directorate of Criminal Investigation (DCI).
  • The investigation stems from a complaint by Kiru Tea Factory concerning the alleged unauthorized approval and disbursement of a $2.02 million loan facility provided in March 2021.

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