Court blocks tycoon Lagat from land sales over Sh87m debt by tea company

Billionaire businessman David Langat.

Photo credit: File | Nation Media Group

The High Court has restricted billionaire businessman David Langat from selling or transferring three parcels of land in Nandi, Kericho, and Eldoret over a debt of Sh87 million, piling woes for the trader who has, in recent years, had run-ins with some creditors over claims of unsettled loans.

The court blocked the tycoon, popularly known as DL, and his spouse from also gifting the parcels of land in Cheptalal (Kericho County), Kiplombe (Eldoret), and Kaptel in Nandi County pending further orders of the court.

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