Premier Bank has received orders from a Kenyan court to release KShs. 26 million ($201,942) from the accounts of the Somali Embassy to Kingsly Construction Limited.
The order, which was made this week, brings to an end a three-year legal dispute between the Embassy and the Kenyan firm.
The case arose from unpaid renovation work done by Kinsgly Construction Limited at the Somali Embassy’s compound in Nairobi.
The ruling resolves the long-standing financial disagreement between the embassy and the construction company over the renovation project.