The High Court has cleared the way for the East African Development Bank (EADB) to auction three properties in Karen linked to former Cabinet Secretary Raphael Tuju, to recover a Sh1.9 billion loan advanced to his company Dari Limited a decade ago.
The court dismissed a suit filed by Dari and Mr Tuju alleging that the auction was unlawful because it was carried out in violation of interim court orders and while they were contesting the legality and enforcement of the loan facility agreement used to secure the debt.
