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Court Rules Against Exorbitant HELB penalties

The Nairobi High Court has ruled that the Higher Education Loans Board (HELB) interests and penalties should not exceed the principal amount.. High Court judge Alfred Mabeya ruled in the lawsuit filed by Anne Mugure, Davis Nguthu and Wangui Wachira in 2021 and declared that Section 15 of the HELB Act was not constitutional. “A declaration is
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