A last-minute deal between NCBA Bank #ticker:NCBA and Jeff Koinange stopped the auction of two four-bedroom villas belonging to the broadcast journalist over a Sh130 million mortgage debt.
The auction of the houses in the high-end Kitisuru suburb had been scheduled for Tuesday but the Citizen TV journalist inked a repayment deal with the bank, according to a source at Garam Investments — which had already prepared for the bidding.