Stichting Rabo Bank Foundation · LEAD
How Ava Chem Limited Used A Legal Loophole in Kenya To Evade Paying Debt To Dutch Bank
In a landmark case that has sent tremors through Kenya’s international investment community, Ava Chem Limited has successfully evaded repayment of a substantial loan from Stichting Rabo Bank Foundation by exploiting an obscure provision in Kenya’s Companies Act—a ruling that experts warn could severely damage the country’s appeal as a destination for foreign capital. The […]