Kenyan Providers
KEEF
The civil case was mentioned on 22nd January 2018 as indicated earlier.
The Judge gave an extension for the third respondent in the case to file their submissions.
The Parties(KEEF,Daniel Kimani ,Cyrus Komu on one side and MYC4 on the oneside) will appear again before the Judge on 13th March 2018 highlighting of submissions.
The criminal case in Kiambu High Court, Police Case file KIAMBU P/STN .PCR NO.275/2017 wherein Mr Damiel Kimani and Mr Simon Kamau has been charged , came up for hearing on 25th January 2018. One witness took to stand . The Court adjourned the case to 5th April 2018 .
MYC4 remains optimistic that our legal team together with the state prosecutors are well prepared and that in the course of 2018 both cases will come to logical conclusion and justice served eventually.
More updates will be shared in our subsequent blog updates.
Milango
MYC4’s legal team will advise on the way forward in regards to the legal action against Milango . Details will be shared in subsequent blog updates.
Yehu
Yehu has to date continued to making monthly repayments in line with an out of court settlement agreement entered in June 2017.
Jubilant Kenya Limited
Jubilant failed to honor its obligations despite many follow ups and an out of Court settlement agreement registered in the High Court .
The legal teams appeared before the court on 17th January 2018 as indicated earlier.
The Case was adjourned to 20th March 2018 when the parties will highlight their submission and the Court will thereafter give direction on the matter.
Further developments on the matter will be shared in our subsequent update.
Tanzania Providers
Mtaji
Our lawyers have since lodged a civil case in the High Court of Tanzania and Mtaji Credit and Damasi Massawe has since been served with sermons to appear in Court on 7th March 2018.
More details will be shared in our subsequent updates as the case proceeds in Court.
BELITA
MYC4 is still working hard to find a way of collecting the outstanding loans from BELITA. Any developments will be shared going forward .