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Originally published by Citizen DigitalMarch 17, 2026
2h ago
EADB: Tuju has not paid Ksh.1.9bn debt despite court rulings
The loan was drawn on July 29, 2015, but was defaulted in the second quarter of 2016, prompting the EADB to issue demand notices to Dari Limited in November 2017 which were ignored......
✨ Key Highlights
The East African Development Bank (EADB) has stated that former Cabinet Secretary Raphael Tuju has failed to repay a debt of Ksh.1.9 billion despite multiple court rulings in favor of the bank.
- The debt, originally a loan of USD 9,197,084 (Ksh.1.2 billion) to Dari Limited in 2015, has accrued interest and penalties to reach USD 15,162,320 (Ksh.1.9 billion).
- Key parties involved are the East African Development Bank (EADB) and former Cabinet Secretary Raphael Tuju, through his company Dari Limited.
- Both the High Court of Justice in England and Kenyan courts, including the Court of Appeal, have ruled in favor of EADB, confirming the judgment and allowing the auctioning of Tuju's properties pledged as security.
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