Bank of Baroda allowed to sell Mediheal property over Sh173m debt

A Bank of Baroda branch in Nairobi. FILE PHOTO | NMG

Mediheal Hospital has suffered another setback after the High Court allowed Bank of Baroda (Kenya) Ltd to auction its property in Eldoret city over a debt of Sh173 million.

The court sitting in Eldoret lifted a previous order obtained by Mediheal Doctors Plaza Eldoret Ltd in May of last year, which had blocked the bank from proceeding with the sale. The court further declined to issue a permanent injunction preventing the auction, ruling that the bank had proved the hospital, which is associated with former Kesses MP Swarup Mishra, was in arrears and had been duly notified of the debt.

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