CBK puts Jirongo farm up for sale over Sh495m debt

Former Lugari MP Cyrus Jirongo. FILE PHOTO | NMG

Former Lugari MP Cyrus Jirongo’s farm is up for sale Wednesday morning as the Central Bank of Kenya (CBK) moves to recover millions of shillings he owes a collapsed bank.

The auction is in connection with the Sh495 million the politician owes collapsed Dubai Bank and which the Kenya Deposit Insurance Corporation (KDIC) – the bank’s liquidators – wants settled.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.