A Nairobi court has extended orders barring the Directorate of Criminal Investigations (DCI) from executing search warrants against Royal Credit Chairman Dr SK Macharia in the ongoing tussle over the control of Directline Assurance company.
The orders barring the search have been extended until November 6, 2024.
On October 28, the court issued orders stopping the search until October 30, when the matter would be heard inter-party.
In the case, RMS Chairman Dr. SK Macharia filed an application at the Milimani Law Court seeking court orders to vacate orders granting the Directorate of Criminal Investigations (DCI) permission to search Royal Media Services (RMS).
According to court documents Macharia says that Terry Wanjiku Kiarie aka Janice Theresa Wanjiku Kiarie is not a shareholder and lacks locus standi to speak as a shareholder of Directline Assuarance Company Limited.
“It is in the interest of justice that the court vacates its orders and gives an opportunity to be heard to the applicant and the 1st respondents so that the court can be presented with all facts thereof,” reads court papers.
Through lawyer Danstan Omari, Macharia says that being the legal shareholder of Directline Assurance Company Limited cannot therefore steal what belongs to him.
