Not again! Pattni’s new Sh4bn scandal

Kamlesh Patni at a Milimani Law Court during a mention of a case he is charged with conspiracy to defraud the state over Goldenberg saga on March 29, 2012. Justice Mutava of the High Court, blocked the Director of Public Prosecution from Pattni for crimes arising from his dealings with the Central Bank over the Grand Regency hotel, sold off to Libyans and now trading as Laico Regency. PHOTO/FILE

What you need to know:

  • Justice Torgbor ruled in favour of WDF on December 5, 2012 and gave KAA two months to pay Mr Pattni Sh4.2 billion in full. He also allowed the controversial businessman to charge interest at court rates from the date of the first default on the outstanding amount.
  • In his ruling, the arbitrator concluded that the acts by KAA against Mr Pattni’s company were unwarranted and amounted to aggravated conduct “for which KAA is answerable in aggravated damages”.
  • Absolving Mr Pattni from further prosecution, Justice Mutava said the businessman’s fundamental rights and freedoms had been violated by the State.

Controversial businessman Kamlesh Pattni is set to pocket Sh4.2 billion worth of taxpayers’ money if the High Court upholds a hefty award issued in his favour by an arbitrator.

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