Dusit building owner fights Sh5.4bn award

Dusit D2 complex at 14 Riverside Drive, Nairobi.

Photo credit: File | Nation Media Group

The owner of the building where DusitD2 hotel stands wants the court to review an award of Sh5.4 billion being sought by a businessman who failed to get a block in the complex after a botched deal a decade ago.

Cape Holdings, which owns 14 Riverside Drive, says in an application before the Court of Appeal that the amount being claimed by Synergy Industrial Credit is punitive and against public policy.

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