BY HERMAN OMITI On February 20, 2015, the Law Society of Kenya indicated through a newspaper report (Daily Nation, P.15) that it had sought information from the Capital Markets Authority regarding undercutting by Advocates. The LSK reported that some of the areas majorly affected by undercutting included bonds, rights issues, IPOs, mergers, banks and also government offices. According to the LSK, the information sought should lead to the arrest and prosecution of the lawyers involved in the “malpractice.” The society indicated that there have been numerous complaints on the matter, prompting them to take action. In what would be seen…
Author: NLM Correspondent
BY NDUNG’U WAINAINA It is the two-year anniversary of Kenya’s devolved system of governance after the first General Elections under new Constitution in March 2013. It has been two years of phenomenal challenges and opportunities, which always associated with any transitional phase of governance systems. It is not unique to Kenya, especially after more than 50 years of highly centralised authoritarianism and skewed economic development. There are a lot of lessons, as well as contesting narratives. How do we address the challenges encountered so far, and turn them into opportunities to continuously support the building of effective county governments to…
BY BEVERLINE ONGARO The administration of bail and bond by courts and police officers is a crucial procedure in the Kenyan criminal justice system. At the fulcrum of bail and bond administration is the need to balance adherence to the Constitutional right of an arrested or accused person to bail, the rights of the victims of crimes and the public interest for safety by keeping away persons deemed to be a threat to safety via denying them bail. But attaining a balance of these rights and interests has been challenging when one considers the general administration of bail and bond.…
