Jubilee Secretary General Raphael Tuju was on Tuesday, January 7, dealt a blow by the High Court after a multi-national bank was allowed to pursue Ksh1.4 billion from his restaurant over a loan default.
The politician had filed a lawsuit in Kenya seeking orders to prevent the bank from auctioning his property to recover money loaned for the development of luxury homes in Karen, Nairobi.
The bank had earlier filed a suit in London seeking to recover the loan that they claimed Dari Limited, a Tuju-linked firm that manages the property, had defaulted on.
High Court Judge Wilfrida Okwany upheld the ruling of the UK court explaining that the country was part of nations whose rulings could be enforceable by the Kenyan Judiciary.
Speaking to Kenyans.co.ke, Tuju disclosed that he was elated the case was brought into Kenyan courts and that they had a chance to present their side.
"The case has been active for some months. It started in London and now we get a chance to present our side of the story to the Kenyan Court system after ruling by a part-time judge who is a partner in the firm that represented [the bank] and refused to recuse himself.
"Our lawyers have our instructions to deal with the court process," stated Tuju.
Part of the loan that had been obtained by the firm linked to the cabinet secretary was aimed at constructing two-storey, flat-roofed housing units on a land parcel estimated to cover 20 acres known as the Entim Sidai.
The luxury housing units were valued at Ksh100 million each.
