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Credit Bank cleared to auction Upper Hill land in Sh2 billion loan dispute
A view of the foundation of the property, which would have hosted frica’s tallest building in Upper Hill, Nairobi in this picture taken on April 25, 2018.
Credit Bank Ltd can now proceed with the planned sale of a property in Upper Hill area –where Africa’s tallest building was to be built a few years ago— to recover a debt of more than Sh2 billion.
The lender got the nod to auction the property after its owners –One Upperhill Towers Ltd— failed to convince the Court of Appeal to suspend the forced sale.
