Tanzania, May 1 -- Dar es Salaam. The Tanzania Court of Appeal has suspended proceedings in a $16.275 million loan dispute between Equity Bank and three companies (Nas Hauliers, Everest Freight and Tanga Petroleum) because of a discrepancy in the number of plaintiffs listed in the case documents.

The discrepancy relates to the difference in the number of plaintiffs in the judgement and those mentioned in the notice of appeal.

The court raised this issue when hearing an appeal filed by Equity Bank (T) Limited and Equity Bank (K) of Kenya against Nas Hauliers Limited, Everest Freight Limited, and Tanga Petroleum.

In the appeal, the banks challenged the decision of the Commercial Division of the High Court of Tanzania, which awarded the c...