Directline Assurance files lawsuit against Kenyan media mogul Samuel Macharia
This is the latest development in the ongoing legal and business tussle between the media mogul and the Nairobi-based motor vehicle insurance company.
Kenyan media mogul
Court orders Kenyan media mogul Samuel Macharia to repay $3.1 million to Directline Assurance
Justice Alfred Mabeya, in his ruling, stated that the transfer of funds by Macharia, 82, was illegal and intended to financially cripple the company.
Kenyan media mogul John Kimani acquires additional $1.4-million stake in Kakuzi
Kimani recently received approval to increase his ownership to just under 40 percent.
Kenyan media mogul John Kimani-linked Kakuzi to ship second avocado consignment to China
Kimani owns 32.3 percent of Kakuzi.
John Kimani-linked Kakuzi partners with California-based berries seller, Driscoll’s
Kimani, a member of Kakuzi’s board of directors, owns 32.3 percent of the company, or 6,330,699 shares.