News
Late Mombasa Tycoon’s Family Now Pleads For Help In Sh174M Dispute With DTB Bank
The widow of the late Mombasa tycoon, Mohamed Bayusuf, is urging the justice system to expedite her decade-long legal battle involving her late husband’s company, Anwar Mohamed Bayusuf Limited, and a local lender.
Noor Jeizan, Bayusuf’s widow, through the family’s spokesperson and civil rights groups, has appealed to the Chief Justice to hasten the judicial process, citing delays in her case against Diamond Trust Bank (DTB).
The dispute revolves around a Sh. 174 million loan that DTB claims the late Bayusuf had taken, with the bank insisting that it should be allowed to sell the widow’s property to recover the outstanding debt.
However, the family, represented by spokesperson Abdallah Baqor, asserts that the bank’s claims are questionable, and they have been struggling to obtain justice.
Baqor claims that the bank is demanding repayment of Sh. 70 million, a loan is allegedly taken by the late tycoon but questions the validity of the bank’s documentation.
According to Baqor, the loan was purportedly issued after Bayusuf’s death.
“We appreciate the government for allowing us to air our grievances. It’s concerning that the bank is ignoring all directives from relevant authorities regarding this case,” Baqor stated.
The widow’s plight has drawn attention from human rights activists, who have now joined the call for justice.
Farida Rashid, a women’s rights advocate, emphasized the need for the Chief Justice to intervene and ensure the case is resolved promptly.
“We will not give up this fight. It’s disheartening to see a poor widow being subjected to this level of injustice,” Rashid said.
Karama Yahya, another civil rights advocate, urged the government to intervene in the case, which has dragged on for over a decade since Bayusuf died in 2010.
“It is unfortunate that the bank has defied the court’s orders,” Yahya remarked, calling on the government to protect the rights of widows and orphans in similar disputes.
The case is currently being heard in a criminal court, where investigations are ongoing.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Investigations1 day agoHow Did a Sh468K KRA Salary Allegedly Turn Into Sh30 Billion? Questions Deepen Over Commissioner George Obel and Ciala Resort Owner’s Wealth
-
Business1 week agoNairobi Freezes Binance Accounts in Sweeping Anti-Fraud Crackdown as Global Scandal Record Haunts World’s Largest Crypto Exchange
-
Investigations1 week agoThe Man Behind the Badge: How Prof. Erastus Kanga Turned Kenya’s Premier Wildlife Agency into a Theatre of Corruption, Fear and Impunity
-
Investigations1 week agoTHE FIXER IN THE FILE ROOM: How Parliamentary Health Committee Clerk Adan Gindicha Cleared Mediheal Hospital of Organ Harvesting Claims Despite Mounting Evidence
-
Investigations7 days agoKETRACO CEO Advert Marred By Controversies As Fears Grow That Kipkemoi Kibias Is A Predetermined Candidate
-
Investigations1 week agoTHE BRAZEN RETURN: Triton Thief Yagnesh Devani, Who Pillaged Kenya of Sh7.6 Billion and Fled, Now Asks the Same Courts He Escaped to Restore His Stolen Wealth
-
Investigations1 week agoKNH ON THE BRINK: How Corruption, Revenue Plunder and State Neglect Are Destroying Kenya’s Flagship Hospital
-
Investigations1 week agoEXCLUSIVE: Odibets Bought Stolen Data From Millions Of Kenyans
