Attempts by former CMC chairman Peter Muthoka to be reinstated at the helm of the troubled company were thwarted on Thursday after the High Court dismissed his case. Justice Daniel Musinga ruled that ...

The audit of motor dealer CMC has recommended that Peter Muthoka, its leading shareholder who is accused of impropriety, should be suspended from taking part in any business dealings and governance of ...

When news leaked on Wednesday that Istanbul-based Celebi Aviation had acquired airport services firm Transglobal Cargo for $40.1 million (Sh5.17 billion), the owner of the Kenyan firm, Peter Muthoka, ...

A judge on Thursday validated the ouster of Peter Muthoka from the board of motor dealer CMC Group saying his reinstatement would not be in the interest of shareholders. Commercial Court judge Daniel ...

It has now emerged that ousted CMC chairman Peter Muthoka had no legal right to institute contempt proceedings against the troubled company. CMC through lawyer Martin Munyi told High Court judge Isaac ...

ANDY Forwarders now want the Capital Markets Authority and Cooper Motor Corporation to be held in contempt after the alleged ouster of Peter Muthoka as the chairman of the troubled company. Making the ...

Billionaire businessman Peter Muthoka has sold his airport services firm Transglobal Cargo Centre to Istanbul-based Celebi Aviation for Sh5.17 billion ($40.1 million), marking one of the largest ...