Nairobi, July 22 -- The Supreme Court has ended an 18-year legal battle over a failed Sh100 million investment, rejecting investor John Kiarie Kungu's final attempt to revive his claim against Dyer & Blair Investment Bank and CFC Stanbic Bank.

The judges ruled that the dispute raised no issue of general public importance and could not be reopened after the statutory deadline had expired. The decision brings a definitive close to one of the longest-running capital markets disputes over investment management liability and the recovery of losses.

Mr Kungu wanted the court to review its October 2023 decision refusing him permission to appeal against a Court of Appeal judgment that overturned a Sh310.3 million High Court award.

The conteste...