Financier protests stalled sale of DusitD2 property

Dusit D2 complex at 14 Riverside Drive, Nairobi.

Photo credit: File | Nation Media Group

A company seeking Sh5.5 billion from the owners of property on Nairobi’s Riverside Drive, where the famous DusitD2 hotel stands, has protested the move to suspend the planned auction of the multi-billion-shilling asset.

Synergy Industrial Credit ltd says in a case filed under a certificate of urgency that it was discriminated against by the Court of Appeal when it suspended the auction in April.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.