This archive report was first published on 7 October 2019.
On October 7, 2019, a businessman, Ashok Doshi, opposed an application by the Central Bank of Kenya (CBK) to expunge evidence documents in a Sh1 billion deposit case.
The case involves Mr. Doshi and his wife Amit, who are suing Imperial Bank and the CBK to recover their deposit in the collapsed bank.
Lawyers Francis Kadima and Willis Oluga, representing the couple, argued that it was not for the CBK to dictate which documents to rely on in support of their case.
“Each case has to be addressed on its own merit, the documents being challenged are CBK’s own documents,” Mr. Oluga argued.
Mr. Doshi further argued that the CBK had not shown what prejudices it would suffer and that the banking industry regulator had a window to counter the documents but failed to do so.
