Kenyan Banker James Mwangi Hit With Security Order In 7.8 Million Land Fight

1 Hour(s) Ago    👁 56
kenyan banker james mwangi hit with security order in 78 million land fight

Equity Bank Group CEO James Mwangi has lost his attempt to stop enforcement of a High Court judgment in a Sh1 billion about 7.8 million land dispute in Nairobis Muthaiga area, with appellate judges ordering him to post Sh10 million about 78,000 as security while his appeal moves ahead.

The Court of Appeal declined to grant a stay of execution of a decision delivered by the Environment and Land Court in October 2025. The ruling left Mwangi exposed to possible execution steps, even as he challenges the outcome on appeal.

Instead, the judges directed that the status quo on the disputed property be maintained and required Mwangi to place Sh10 million about 78,000 in an interest earning joint account held by lawyers for both sides within 60 days. The court said the deposit would protect the respondent if Mwangis appeal fails.

Disclaimer: We are a news aggregator. See full disclaimer here.