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Originally published by Capital Newstop
May 8, 2026
2d ago
Mbadi to Unlock Meru Funds After Agreement to Settle Leopard Rock Hotel Debt
Mbadi said his ministry would formally communicate to Controller of Budget Dr Margaret Nyakang’o to facilitate the lifting of the freeze on Meru County funds. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
The National Treasury has committed to lifting the freeze on Meru County funds and settling a Ksh139 million debt linked to Leopard Rock Hotel Limited, following intervention by Cabinet Secretary John Mbadi.
- Ksh139 million will be paid to settle a debt owed to a French investor.
- National Treasury Cabinet Secretary John Mbadi assured senators that the national government would intervene.
- The dispute dates back to lease agreements signed in 1997 and risked straining diplomatic relations with France.
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