The applicants now want court to declare the central bank decision illegal and that it was procedurally flawed. They also want an order seeking to reinstate their licenses and unfreeze their Bank accounts.

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They are seeking Shillings 3. Court has summoned BoU to file its defense before the case is allocated to a Judge who will fix it for hearing.

This is not the first time BoU is being sued for revoking the licenses of Forex Bureaus. In , city businessman, Sudhir Ruparelia dragged BoU to court for failing to refund license fees for his four bureaus. Later in , the company concentrated on dealing in a variety of flexible packaging bags in polythe About Us.

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