Connect with us

News

Mombasa-Based Lawyer Stephen Kithi Sued For Sh20M By A Chinese Client

Published

5 years ago

on

Chinese conglomerate China Wu Yi (Kenya) Company has sued a Mombasa-based lawyer seeking refund of Sh20 million he allegedly received as advance payment in an aborted sale of a Sh1.2 billion parcel of land in Mombasa County.

The firm wants Stephen Kithi compelled to refund Sh5.8 million in legal fees incurred by the company.

China Wu Yi claims that on or about July 30, 2016 it entered into a sale agreement with Mr Kithi in his capacity as a beneficial owner of the land having obtained authority on behalf of the registered owner.

The company claims that after execution of the variation, it proceeded to pay the lawyer Sh121 million being 10 percent of the purchase price. The money was allegedly deposited into an interest earning bank account held jointly by lawyers for both parties.

Advertisement

via BD.

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
Related Content:  I Have Never Stolen And Never Will, Donald Kipkorir Celebrates His Brand New Mercedes
Related Topics:

Kenya West is a trained investigative independent journalist and a socio-political commentator on matters Kenya and Africa. Do you have a story, Scandal you want me to write on? Send me tips to [[email protected]]

Advertisement
Advertisement
Advertisement

Facebook

Most Popular