Tuju firm placed under receivership in Sh1.6bn debt row

A firm linked to Jubilee Party Secretary-General Raphael Tuju has been placed under receivership over a Sh1.6 billion bank loan in a suit that saw the High Court stop the auction of the politician’s Karen property.

Justice Grace Nzioka on Monday allowed receiver managers to run Tuju’s firm, Dari Limited, arguing it was not possible for the receivers and directors of the firm to run the company together.

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