Creditors challenge United Insurance liquidator's spending decisions
The High Court questioned liquidator Kamal Anantroy Bhatt over expenditures during the winding down of United Insurance, including Sh20 million paid to a law firm shortly after his appointment. Lawyers representing creditors alleged Bhatt spent at least Sh151 million without their involvement, while Bhatt defended his spending as documented and justified under liquidation protocols.
30 July 2026 · The Standard →