Bank eyes Tuju children over Sh1.6bn debt battle

The East African Development Bank (EADB) is targeting the children of Jubilee Secretary-General Raphael Tuju for recovery of a Sh1.6 billion loan on grounds that they had guaranteed their father when he inked the botched financing deal.

The bank has sent a demand notice to the Cabinet Secretary’s children Mano Tuju, Alma Tuju and Yma Tuju-- demanding payment of $16.5 million (Sh1.6 billion) with interest, failure to which the lender threatened to file a bankruptcy suit against them.

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