×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Citi Bank embroiled in contract row with Kenyan firm

Vocalize Pre-Player Loader

Audio By Vocalize

Corporate lender Citibank. [Courtesy]

American lender Citi Bank is headed for a battle with a Kenyan telecommunications firm over alleged breach of contract.

In a complaint raised with the Central Bank of Kenya (CBK), Adrian Kenya Ltd (AKL) says Citi Bank has frustrated it, making it lose business and battering its reputation.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Hustler Fund unpaid loans hit Sh12.5b as MPs demand names of defaulters
By Brian Ngugi 9 mins ago
Business
Mini-budget tests IMF austerity demands as State spending soars
Business
KQ picks NSE boss Kiprono Kittony, David Ndii in Board shake-up
Business
Tea market nets Sh1.5 billion for the smallholder factories in a week