Parliament defends banking law in fight over 14 Riverside asset

The National Assembly defended Section 44A (4) of the Banking Act, which excludes judgment debtors and court decrees from the protection of the _in duplum_ principle, calling it constitutional. This rule is central to a petition by the owners of Nairobi's 14 Riverside complex, Cape Holdings Limited, who are questioning the constitutionality of the law that allows interest on court-awarded debts to grow beyond the principal amount.