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Originally published by Capital Businessbusiness
March 10, 2026
14h ago
Court clears auction of Tuju properties in Sh4.5bn loan dispute
In a ruling delivered on March 9, Justice J.W.W. Mong’are struck out an application by Dari Limited and Tuju that sought to stop the auction of two Karen properties — Entim Sidai Wellness Sanctuary and Tamarind Karen — as well as Dari Business Park. Kenya breaking news | Ke..
✨ Key Highlights
The High Court of Kenya has authorized the auction of properties belonging to former Cabinet Secretary Raphael Tuju, dismissing a case that sought to halt the sale in a Sh4.5 billion loan dispute.
- The properties, including Entim Sidai Wellness Sanctuary and Tamarind Karen, were used as security for a loan facility.
- Key parties include Raphael Tuju, Dari Limited, and the East African Development Bank (EADB).
- The dispute stems from a $9.3 million loan advanced in 2015, with the bank now seeking to recover over Sh4.5 billion.
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