A couple has sued Stanbic Bank seeking to block the lender from auctioning their three properties in Mombasa and Nairobi, over a loan they claimed to have repaid by more than Sh463 million.
Nasser Abdulhamid Baksh and Makarim Ahmed Omar rushed to court after the lender instructed Garam Investments Auctioneers to sell the three properties, including their matrimonial home in Kitisuru, to recover a loan of Sh163 million.