A court on Tuesday issued a warrant of arrest for former presidential candidate Cyrus Jirongo.
Jirongo who once served as the Member of Parliament for Lugari is wanted over a Kshs.25 Milion debt.
Earlier in February, the Government sold some of his property after being declared bankrupt in 2017.
Through the Central Bank of Kenya (CBK), the former Lugari MP’s 103-acre farm was sold for Sh53 Million in a bid to recover part of loans, amounting to Sh495 Million owed to Dubai Bank which has now collapsed.
[caption caption="From Left: Eugene Wamalwa, Kenneth Marende, Cyrus Jirongo and Musalia Mudavadi"]
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The land, which was registered to Kuza and Allied Ltd (a company fully owned by Jirongo) was sold to Ninja Transporters.
The Kenya Deposit Insurance Corporation, the company hired to collect Dubai Bank assets, contracted Valley Auctioneers to sell Jirongo's property.
The farm which is located in Uasin Gishu county had earlier been auctioned at Sh70 Million but failed to get a buyer.
This was attributed to the electioneering period which had affected the property market.
During the first attempt, the property was reserved at a price of Sh70 Million which valued an acre on the farm at about Sh680,000.
Last year, Jirongo unsuccessfully challenged the CBK's decision to place his company under receivership over the accumulated debt.
Kuza Farm was among six companies the Central Bank placed under statutory management after they were found to have defaulted on loans owed to Dubai Bank which went into receivership on August 14, 2015.
[caption caption="former presidential candidate Cyrus Jirongo during a previous rally"]
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