Tycoon Munga’s Sh400m estate put up for auction

Mr Peter Munga, the Equity Bank chairman. FILE PHOTO

Nairobi auctioneers yesterday placed billionaire businessman Peter Munga’s Sh400 million estate up for sale, citing his failure to settle an unspecified amount of money owed to a bank.

Galaxy Auctioneers, in a notice published in the local dailies, invited those interested in buying Mr Munga’s five units of four-bedroom maisonettes in Kasarani’s Stone Groove Estate to be present at an auction event to be held at the end of this month.

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