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Equity barred from Mututho home sale in Sh20m loan row Thursday April 29 2021 By BRIAN NGUGI Summary Equity Bank had earlier obtained orders to sell the property in Riruta Satellite, Kawangware, which it holds as securities for a Sh9 million loan the MP borrowed 20 years ago, in a public auction. A court has blocked Equity Bank’s #ticker:EQTY plan to put the multimillion-shilling matrimonial home of former Naivasha MP John Mututho on sale in a bid to recover a Sh20 million accrued debt. Senior resident magistrate Peter Muholi put the planned auction of the MP's prime property in Nairobi co...

Mututho Salvages 8-bedroom Matrimonial Home in Nairobi Former Naivasha MP John Mututho addressed the media on September 18, 2019 in Nakuru County Daily Nation Former NACADA Chair John Mututho has temporarily saved his 8-bedroom matrimonial home in Nairobi’s Kawangware area from being auctioned over a Ksh20 million debt. The two-storey mansion located in Riruta Satellite had been held as security for a Ksh9 million Mututho obtained from a local bank. After rushing to court to stop the sale, Senior Resident Magistrate Peter Muholi suspended the auction until an application is heard and deter...

Mututho's 8-Bedroom House in Kawangware to be Auctioned Former Naivasha MP John Mututho addressed the media on September 18, 2019 in Nakuru County Daily Nation Former Chair of the National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) John Mututho has had his house put up for auction.  The double-storey 8-bedroom mansion located in Riruta Satellite in Kawangware is registered in the name of John Michael Njenga Mututho. The land which the house sits on has 17 other single rooms which have also been put up for sale by Garam Investments. Former National Authority for Campai...

Mututho city residential block put up for auction Thursday April 22 2021 By OTIATO GUGUYU Summary In notice on Monday, Garam auctioneers listed the eight-bedroom double storey residential house in Kawangware, Nairobi for sale. The property, which brings in Sh160,000 rental income a month, also includes four other single storey rental blocks comprising 17 single rooms, three toilets and two bathrooms. A residential property belonging to former National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) chair and Naivasha MP, John Mututho is up for auction. In notice on Monday, ...