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Court keeps auctioneers in Tuju debt row at bay
Jubilee Party Secretary-General and Cabinet Secretary Raphael Tuju. He is fighting auctioneers over Sh1.5 billion debt row with East African Development Bank. FILE PHOTO | NMG
High Court on Friday blocked East African Development Bank (EADB) from selling a Karen property owned by Jubilee Party Secretary-General Raphael Tuju over a botched Sh1.53 billion ($15.6m) loan deal.
Justice Grace Nzioka also directed that no assets belonging to Dari Limited, should be disposed of, pending the hearing of the dispute next month.