The National Bank of Kenya (NBK) #ticker:NBK has put up Mombasa tycoon Ali Punjani’s palatial Nyali home up for auction over a long-running debt which sources said is more than Sh1billion including interest and penalties.
The eight bedrooms all ensuite, double-storey mansion with staff quarters, a swimming pool and a changing room block sits on 0.4 acres in Bondeni neighbourhood of old Nyali registered to Shrike Investments Limited G/T Rising Star Commodities.
