Billionaire Paul Ndung'u's Gigiri residential block put up for auction

Businessman Paul Wanderi Ndung'u has bought 5.1 million shares of Home Africa. PHOTO | FILE

Equity Bank is set to auction properties belonging to billionaire businessman Paul Wanderi Ndung’u, according to a newspaper notice by Garam Investments Auctioneers.

The value of the outstanding loan was not immediately clear but the properties to be disposed of are worth hundreds of millions of shillings combined.

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