Bars of gold

Bars of gold. Tow foreign firms are fighting over Sh2.6billion gold in Nairobi vaults.

| File | AFP

Foreign firms fight over Sh2.6bn gold in Nairobi vaults

What you need to know:

  • Coomidepco mines gold in North Kivu and Kasai provinces. It’s one of six giant firms that control a large chunk of the industry in the DRC.
  • Inner Spirit is headquartered in Madrid with interests in the Equatorial Guinea, a former Spanish colony.

Two foreign firms are locked in a bitter court battle over a 650kg gold haul valued at Sh2.6 billion that was mined in the Democratic Republic of Congo (DRC) and stored in Nairobi.

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