The State has lost the fight to seize 4,272 acres from East Africa Portland Cement Company (EAPCC) for free, derailing plans to build affordable homes in a multibillion-shilling property deal financed by Chinese and Qataris.
The High Court stopped the takeover of the land in Athi River valued at about Sh6.4 billion because the government failed to follow rules that guide compulsory acquisition, including consulting stakeholders like National Social Security Fund (NSSF), French firm Lafarge and the Nairobi bourse-listed cement manufacturer.
