Court saves K’Osewe from auction in Sh330m debt dispute

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Businessman William Osewe Guda. NMG PHOTO

The auction of the stalled four-star Bluewater Hotel in Kisumu belonging to the family of businessman William Osewe Guda has been put on hold on condition that they deposit Sh25 million in court within 45 days.

A bench of three Court of Appeal judges also stopped Guaranty Trust Bank (GT Bank) from auctioning an apartment in Nairobi’s South C belonging to Mr Osewe, who is associated with the popular Ronalo or K’Osewe eateries in Nairobi and Kisumu.

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