Kanwal Sarjit Singh Dhiman · LEAD
Court Strikes Down Shylock’s Predatory Loan Deal That Turned Sh7m Friendly Loan Into Sh69bn Claim
The Court of Appeal has delivered a major blow to predatory private lending after voiding a loan agreement that ballooned a Sh7 million advance into a staggering Sh69 billion claim and cost a borrower his family home. In a decision that has jolted the unregulated lending scene, the court ruled that the terms imposed on […]