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Home » Africa » East Africa » Kenyan court denies stay, Moses Kuria’s properties set for auction over unpaid loan
East Africa

Kenyan court denies stay, Moses Kuria’s properties set for auction over unpaid loan

Kaelen VeyarBy Kaelen VeyarApril 7, 20251 Min ReadNo Comments
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Kenyan court denies stay Moses Kurias properties set for auction over unpaid loan
Kenyan court denies stay Moses Kurias properties set for auction over unpaid loan

NAIROBI, KENYA — Kenya’s High Court has rejected a petition seeking to prevent the auction of properties owned by Moses Kuria, President William Ruto’s Senior Economic Advisor.

Justice Aleem Visram, in his recent ruling, determined that Kuria had not fulfilled his financial commitments related to a loan obtained several years prior. As a result, the scheduled auction of his properties is set to proceed on April 8, 2025.

The properties slated for auction include apartment complexes situated in Ruaka and Juja, both located within Kiambu County.

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Also Read: Equity Bank cuts loan rates after CBK lowers benchmark to 8.75%

These assets have been listed for sale by Garam Investment Ltd., an auctioneering firm, in an effort to recover the outstanding debt owed. Justice Visram concluded that Mr. Kuria had failed to honor his financial obligations.

Auction High Court Kenya Loan Default Moses Kuria Property Auction
Kaelen Veyar
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Kaelen Veyar is a skilled journalist, features writer, and digital media analyst specializing in social issues, cultural trends, and community-driven storytelling. He is committed to producing insightful, well-crafted journalism that amplifies diverse voices and enhances public understanding. By merging narrative depth with digital expertise, Kaelen ensures his work maintains the highest standards of accuracy and balance while reflecting a modern commitment to editorial integrity.

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