An auctioneer has put up for sale a prime property on Nairobi’s Riverside Drive where the famous Dusit D2 hotel stands, over a debt of Sh5 billion.
The auction to be held Saturday by Moran Auctioneers comes after Cape Holdings ltd, the owner of the property, failed to pay Synergy Industrial Credit Sh4.2 billion plus interest after losing an 11-year- court battle.
