Tuju avoids auction in Sh1.8bn loan row

Jubilee Secretary-General Raphael Tuju. FILE PHOTO | NMG

Jubilee Secretary General Raphael Tuju has obtained temporary orders barring a regional bank from auctioning his property and proceeding with bankruptcy case over a debt of Sh1.8 billion.

A bench of three judges ruled that Mr Tuju and his children have an arguable case that risks being made invalid if East African Development Bank (EADB) is allowed to continue.

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