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Business Daily·3 min read·medium

Tuju’s second Karen property set for auction in Sh4.5 billion loan row

D
Dominic Omondi
Tuju’s second Karen property set for auction in Sh4.5 billion loan row
✦AI Summary

Former Kenyan politician Raphael Tuju faces the auction of his Entim Sidai Wellness Sanctuary to recover a Sh4.5 billion debt owed to the East African Development Bank. This follows previous legal battles and the sale of other properties used as collateral for the loan.

Why it matters

The case illustrates the legal and financial consequences of loan defaults for high-profile individuals and the enforcement of debt recovery through asset liquidation.

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Former Jubilee Party Secretary-General Raphael Tuju's second prime property is set for auction as the East African Development Bank (EADB) steps up efforts to recover a Sh4.5 billion debt arising from a loan advanced to the politician a decade ago.

Garam Investments Auctioneers said in a public notice that Entim Sidai Wellness Sanctuary in Karen will go under the hammer on August 25, 2026, months after another of Mr Tuju's prime properties was sold following his default on the regional bank's loan.

“The property is developed with an old-style but well-maintained, spacious, part double-storey, part single-storey colonial house of nine bedrooms, all ensuite,” reads part of the auction notice.

The property sits on about 20 acres of land in the leafy suburbs of Karen.

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