Court extends auction of 14 Riverside property as injunctions irk creditor

The 14 Riverside complex in Westlands, Nairobi.

Photo credit: File | Nation Media Group

A creditor seeking to auction the 14 Riverside complex in Nairobi's Westlands has claimed that repeated court injunctions have delayed the sale for years, increasing the debt by about Sh150 million in interest every month.

Synergy Industrial Credit Ltd argued that any further delay in disposing of the prime property would only worsen the situation, insisting that the substantive dispute has long been settled by the courts.

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