Kenyan Providers
KEEF
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 was mentioned on 23rd July 2018.
The Court adjourned the case to 16th October , 2018 wherein more witnesses will take stand.
The civil case was scheduled for highlighting submissions on 27th July 2018 as indicated earlier.However,the case was adjourned to 10th October,2018.
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.They will settle their obligations by November, 2018.
Jubilant Kenya Limited
As indicated earlier the Court ruled in favor of MYC4 and Jubilant was ordered to pay MYC4 the entire debt plus costs of the suit within 60 days from the date of judgement.
Jubilant has not yet honored the court directions and our legal team has proceeded to take the next steps which includes sale the goods confiscated and to institute other debt recovery measures against Jubilant and it’s directors.
MYC4’s legal team has since applied to the Court for warrants of attachment and sale. These have since been granted and forwarded to the Auctioneer for further action.
Further developments on the matter will be shared in our subsequent update.
Tanzania Providers
Mtaji
The case launched by MYC4 lawyers in Tanzania is proceeding on at the High Court of Tanzania
The court will issue a new date for hearing an application that Damasi Massawe filled in Court seeking MYC4 to put a security deposit in Court since it is a foreign company.
Our lawyers as indicated lodged a reply to that application and awaits the Court to issue a hearing date for the same.
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 .