Yanga given ultimatum to refund sh1.6M

MK254 · 2014-04-08T12:40:43+00:00

By GILBERT WANDERA Nairobi- A Kenyan businessman has given Tanzanian club Yanga a one week ultimatum to refund $20,000 (Approximatley Sh1.6million) over an alleged breach of contract. The businessman Francis Gaitho has threatened to take legal action against Yanga if the money is not refunded by the end of this week. The matter has arisen out of the March 1, champions league encounter between Yanga and Al-Ahly. Both sides accuse each other of breach of contract. According to the contract signed between the two parties, Yanga were supposed to receive Sh4.6million as television rights fees from Gaitho to be paid in two installments of Sh1.6milllion and Sh3million. However, Gaitho accuses Yanga of failing to allow his company to air the match even after he paid the agreed amount. Read more at: Standard Digital News : : GameYetu - Yanga given ultimatum to refund sh1.6M

Thread starter MK254
Start date Apr 8, 2014

MK254

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Yanga given ultimatum to refund sh1.6M

MK254

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