Category: Directline
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SK Macharia ordered to wire Sh400m back to Directline
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Businessman and media owner Samuel Kamau Macharia (SK Macharia) has been ordered to return Sh400 million withdrawn from Directline Assurance Company Limited. Judge Alfred Mapia said the transfer of funds by Mr Macharia was not only unlawful and illegal, but was intended to financially cripple the company. The judge said…
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IRA hires Nelson Havi law firm in Sh400m Directline case
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The Insurance Regulatory Authority has appointed a law firm owned by the Chairman of the Retirement Benefits Authority (RBA). Nelson Havey For her representation in a case against businessman and media owner Samuel Kamau Macharia (SK Macharia) over the alleged withdrawal of Sh400 million from Directline Assurance Company. The Insurance…
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IRA hires Nelson Havi law firm in Sh400m Directline case
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The Insurance Regulatory Authority has appointed a law firm owned by the Chairman of the Retirement Benefits Authority (RBA). Nelson Havey For her representation in a case against businessman and media owner Samuel Kamau Macharia (SK Macharia) over the alleged withdrawal of Sh400 million from Directline Assurance Company. The Insurance…