×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

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.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Rugby
MMUST, Kisumu and Nakuru fight for Kenya Cup survival
Rugby
Mwamba in partnership talks with Ambulance service provider Lasante
By Ben Ahenda 1 day ago
Sports
Ambitious Mwirigi sets his sights on Chairman's top prize
Sports
Wada impressed with Kenya's progress in fight against doping