This archive report was first published on 20 April 2020.
On April 20, 2020, a court case unfolded in which Jubilee Secretary-General Raphael Tuju was accused of blocking East African Development Bank (EADB) from taking over his hotel and property firms at the centre of a Sh1.6 billion defaulted loan.
According to court documents, two receiver managers appointed by EADB to manage the property, Muniu Thoithi and George Weru, had been blocked thrice from entering the premises in defiance of a judge's order.
Justice Mary Kasango had directed the directors of Dari Ltd, to allow the receiver managers access to the Karen property on March 25, following an earlier order to place the Tuju firms under the watch of the receiver managers on failure to pay the Sh1.6 billion loan that was borrowed in 2015 and defaulted in 2017.
Mr Weru, an insolvency practitioner from PricewaterhouseCoopers, stated that despite serving the directors of Dari, including Mr Tuju, with court orders, they had refused to allow them access to the properties or share information on the company.
Justice Kasango opened the way for Mr Tuju and his three children to be fined or committed to civil jail for up to six months in the event they fail to grant access to the receiver managers.
