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A four-star hotel in Kisumu owned by William Osewe of the popular Ranalo Food chain has been saved from auction over a Sh328 million bank loan.
Court of Appeal Judges Hannah Okwengu, Patrick Kiage and Jamila Mohammed stopped Guaranty Trust Bank (Kenya) Ltd from auctioning the Blue Waters Hotel and a block of apartments in South C, Nairobi pending determination of a suit by Osewe and his wife Stella Mutheu Osewe.
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