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Blow as Tuju loses fresh round of Sh1.5 billion loan dispute to bank

Former Cabine Secretary Rafael Tuju. [File, Standard]

Former Foreign Affairs Minister Raphael Tuju has lost a fresh bid to block East Africa Development Bank (EADB) from taking over his firm, Dari Limited, in a Sh1.5 billion loan dispute.

Mr Tuju, his three children, Dari and SAM Company moved back to the Supreme Court, seeking a review of its earlier orders that paved the way for the regional bank to place Dari under receivership to recoup the money loaned to Dari.

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