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IT
Chebaibai Traders, Lesphine Investments Seek Ksh173.5 Million Compensation in Sugar Companies Dispute
['Stella Anyango']
Ghetto Radio
In SummaryPetitioners allege they are owed Ksh173.58 million for goods supplied to state-owned sugar companies.
Chebaibai Traders Limited, Lesphine Investments Limited and four other petitioners have moved to the Kiambu High Court seeking compensation of Ksh173.58 million over alleged unpaid contractual obligations involving state-owned sugar companies.
MOALD/SDA/IT/001/2024-2025, through which the State Department of Agriculture allegedly leased assets and operations of several sugar companies to other entities.
They claim that Ksh173,580,487 remains outstanding for goods supplied to the affected state-owned sugar companies.
They are also seeking joint and several liability against the respondents for the Ksh173.58 million principal amount, loss of profits and accrued interest.