KBL returns to court over alleged corruption in Sh3.4bn arbitration
Nairobi, July 23 -- Kenya Breweries Ltd (KBL) has returned to court seeking to stop publication of an arbitral award in a dispute over the refurbishment of its Sh3.4 billion Kisumu brewery project, just days after the High Court lifted a 19-month freeze on the award.
In fresh filings before the High Court in Nairobi, the brewer argues that a recently concluded investigation by the Directorate of Criminal Investigations (DCI) uncovered what it describes as "grand corruption" in the arbitration process. However, the court yesterday declined to issue immediate orders halting publication of the award pending determination of the application.
KBL is asking the court to review its July 16 ruling, arguing that the DCI investigation produced ne...
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