Ugandan businessman Ketan Morjaria's Credit Bank under fire after $8.7 million property auction

Billionaires Africa | 04.12.2025 20:00
Credit Bank, the Nairobi-based lender co-founded by Ugandan businessman Ketan Morjaria, is facing heightened legal scrutiny after the Court of Appeal froze the transfer of a prime property the bank acquired at its own auction for Ksh1.125 billion ($8.7 million).