Application filed to block sale of East African Portland Cement assets

An application has been filed before the Milimani Law Courts seeking to stop East African Portland Cement PLC from selling any of its assets.

In the application, lawyer Apollo Mboya claims the company is at risk of being irregularly alienated by an individual impersonating an acting manager.

"That the 1st, 2nd, and 5th interested parties have published an annual report and financial statement for the year ended 30th June 2024 confirming the intention to dispose of the land assets," reads part of the application.

Justice Byram Ongaya directed that the application be served upon the respondents and scheduled the matter for inter partes hearing and further directions on April 24, 2025.

According to Mboya, the company is in the process of selling its land and claims that the company has obtained rates clearance certificates for several parcels.