A widow has secured a temporary reprieve after the High Court barred Equity Bank from auctioning her property in Nairobi over a disputed Sh377 million loan guarantee she claims was forged using her title deed.
In the case highlighting growing concerns over fraudulent land transactions and banks’ due diligence in verifying guarantors, the court halted the sale of Rosemele Anyango’s property pending the determination of a lawsuit where she accuses the bank, her brother, and a company linked to him of conspiring to fraudulently use her land as collateral.