By Chris Ojow
High Court ordered Invesco Insurance to
resume it operations immediately.
Justice Alfred Mabeya suspended the
decision by the commissioner of
Insurance Godfrey Kiptum pending ruling.
The commissioner escaped to be sent to
jail by a whisker after judge suspended
the contempt proceedings until court
hears his explanation on why he
disobeyed court orders.
Commissioner Godfrey Kiptum order
closing the operations of the insurance
company suspended by Justice Alfred
The insurance company requested for
orders alleging to the court that
several Public Service Vehicles are
parked as a result of the Regulator’s
Godfrey Kiptum was summoned to appear
before court on Tuesday 28th after
allegations were made that he relied on
court order that was not proper to close
The Commissioner of Insurance and Chief
executive Officer is alleged to have
caused a financial damage resulting to
lose of huge sums of money by placing
Invesco Assurance company Limited under
liquidation , through a suspicious
manufactured decree of court dated
06th of February 2023 alleging to have
been issued by the High Court.
The hearing of the ongoing commercial
dispute between the regulator and the
insurance company , where in alleged
purported order by the commissioner
stopped the Invesco Assurance company
Limited from issuing insurance policies
to its clients and to further refrain
from signing new insurance contracts
will proceed on 06th March at 1pm.
( Chris Ojow is Award winning Photojournalist and Founder African Times News Media website www.africantimes.co.ke