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Win for MKU As Court Leaves 2011 Ruling In Ksh511 Million Dispute –

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Mount Kenya University (MKU) has been allowed to open a defense in a Ksh511 million dispute with businessman Bernard Gikunda Mwarania over the university premises.

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The dispute is pending against MKU against Stepar Holdings of Mwarania, a case that has been going on for more than a decade.

In a ruling in the Nakuru High Court, Judge Hilary Chemitei ordered Step Up Holdings to provide Sh511 million bail from a reputable bank within 30 days pending the hearing.

The court also set aside a 2011 decision that found MKU liable to pay Ksh511 million to Step Up Holdings.

“An intervening judgment against the applicant or defendant on November 17, 2011, has been set aside. Applicant within 30 days from the date he will deposit Ksh511 million in a joint interest-bearing account in the names of all the lawyers of the applicant and the defendant awaiting a hearing and the decision of the case, ”Judge Chetimei ruled.

Read:Three MKU Students Receive Grants To Illuminate Thika Slum Using Solar Lights

In the 2011 case, Step Up Holdings claimed that it had a verbal agreement with MKU to open a branch in the town of Kericho.

However, Step Up claims to have suffered a loss of Ksh953,881 after MKU closed the college and relocated it.

At the time, MKU did not file a legal defense stating that the matter was arbitrary.

Step Up claimed that MKU “illegally” took over the university and relocated 3,807 students and 295 staff members to other buildings.

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