A former athlete, his wife and a former assistant minister Stephen Tarus are fighting NCBA Bank over a planned Sh520 million auction in a dispute that tests the matrimonial law and loan guarantee rules.
The bank wants to auction Mr Tarus’ home in Karen, Nairobi, and a building in Eldoret town belonging to Sammy Kipketer after an investor who the two had guaranteed defaulted on the loan which has since ballooned to more than half a billion shillings.
