Hosea Kiplagat home to be auctioned over Sh378m debt

Mr Hosea Kiplagat, a powerful Moi-era politician and one-time Co-operative Bank chairman. FILE PHOTO | NMG

Powerful Moi-era politician and one-time Co-operative Bank #ticker:COOP chairman Hosea Kiplagat risks losing his expansive Karen residential home and associated company assets over a Sh378.61 million loan.

Bank of India is seeking to recover the millions of shillings that Mr Kiplagat guaranteed two firms — Eldoret Concrete Poles Limited and Timber Treatment Limited — through a public auction between August 25 and August 28.

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