- Moses Kuria’s attempt to block an auction flops.
- Equity Bank is chasing Sh54 million owed by the former CS.
- Court says the bank did everything by the book.
- Kuria’s Kiambu land now on the line.
President William Ruto’s Economic Advisor Moses Kuria has suffered a major court blow in a Sh54 million debt saga. A Nairobi judge has cleared Equity Bank to auction Kuria’s Kiambu property as part of a loan recovery plan.
Bank Followed Due Process, Says Court
Kuria had rushed to court seeking to block the auction, arguing that the process was flawed. However, the court ruled that Equity acted within the law, dismissing Kuria’s plea to halt the sale.
Property on the Line
With the ruling now delivered, Equity Bank is free to go ahead and sell the property. Kuria will either have to pay up the Sh54 million debt or lose the property altogether.
