It all started in April 2015 when Dari Ltd, a company linked to former Jubilee Party secretary-general Raphael Tuju, sought a loan from a regional bank to acquire and develop a property in Nairobi’s Karen area.
The loan of $9.3 million has since ballooned to more than Sh2.7 billion although the exact amount due is contested by East African Development Bank and Dari Ltd. The money was meant for the purchase of a 20-acre land and the development of housing and hospitality facilities.