Cyrus Jirongo speaks at a past event. He agreed to sell the Imara Daima property to Emiris Investment Ltd in April 2008 and received a deposit of Sh12 million from the firm. FILE
Cyrus Jirongo is locked in another property dispute after he failed to compensate a businessman for terminating a deal to sell him land in Nairobi’s Imara Daima Estate.
Mr Jirongo declined to pay Emris Investment Ltd Sh32 million in a Sh50 million compensation deal, which was arrived at after the politician sold the property to a third party.
Emris Investment on Monday moved to the High Court seeking to stop Mr Jirongo from selling a property in Ruai, which was supposed to be sold and the proceeds used to settle the Sh32 million.
“The plaintiff (Emris Investment) has complied and granted vacant possession to the first defendant (Mr Jirongo) who has however, not paid the sum of Sh32 million foretasted,” said Isaack Adan Dabaso, Emris company secretary in an affidavit filed in court.
“My co-directors and myself are apprehensive that the third defendant’s property may be charged, wasted or alienated without payment being made in the plaintiff’s favour.”
However, the said piece of land in Ruai cannot be traced at the Ministry of Lands offices, forcing Emiris to move to court to secure the property pending hearing and determination of the matter.
The property in Ruai is registered under Off-Shore Trading Co; which is owned by Mr Jirongo.
He agreed to sell the Imara Daima property to Emiris Investment Ltd in April 2008 and received a deposit of Sh12 million from the firm.
However, the deal could not be completed as there was an ownership dispute over land plot between two other firms – Cyperr Enterprises (associated with Mr Jirongo) and Nandlal & Co Ltd - which was finally settled last year.
“The first defendant by a letter dated August 13, 2012 agreed to compensate the plaintiff (Emiris) Sh50 million for the moribund sale.”
The former MP paid the first instalment of Sh18 million and committed to clear the balance by March 15 this year after selling his other piece of land in Ruai.
Mr Jirongo last year moved to court seeking to repossess Hazina Estate in Nairobi from the National Social Security Fund.
Sololo Outlets, a company associated with Mr Jirongo, is also pursuing Sh1.5 billion as part of a settlement for an incomplete contract with NSSF where he was to develop a housing estate in Nairobi’s South B.
