Justice Gikonyo urges resolution of Directline Assurance shareholding dispute

The shareholding and directorship dispute at the motor vehicle insurance giant Directline dominated court proceedings on Thursday, with Justice Francis Gikonyo emphasizing the need for a speedy resolution. Royal Credit Limited chair, Dr. S.K. Macharia, who appeared for contempt proceedings, recounted the frustrations he has faced as the founder of Directline. The company, whose shares and directorship are under legal scrutiny, has been subject to alleged fraudulent transfers.