Central Bank of Kenya.[Photo/Youthvillage]
Central Bank of Kenya and De La Rue Limited have separately moved to court over the controversy surrounding the money printing tender.
The two bodies are challenging a decision of Public Procurement Administrative Review Board to declare tender issued to De La Rue to print new-design currency unlawful.
They want the court to suspend the decision pending hearing and determination of their suits.
According to CBK, the board acted beyond its legal powers by allowing a request for review that was filed out of the statutory period of 14 days.
De La Rue on its part claims that the review board made a decision without regard to several relevant matters that were brought to its attention and as a result, it arrived at a wrong and an unreasonable decision.
Fredrick Ngatia, the printer claims that the board’s direction to CBK to the effect that the re-evaluation is to be undertaken without regard to preference and reservation is unlawful and unreasonable.