Last Updated on March 23, 2026 by courtnews reporter

Raphael Tuju’s Karen Property Sold for Sh450 Million as Firm Confirms Purchase

Updated: March 23, 2026 | CourtNews Kenya

Quick Summary

• Seller: Raphael Tuju

• Property: Karen property in Nairobi

• Buyer: Private firm

• Sale value: Sh450 million

• Context: Ongoing loan dispute and recovery process

• Status: Firm confirms purchase

A firm has confirmed the purchase of a Karen property linked to former Cabinet Secretary Raphael Tuju for Sh450 million, marking a significant development in the long-running debt recovery process.

The property is part of assets tied to Tuju’s dispute with lenders over a loan issued several years ago.

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Firm Confirms Property Acquisition

According to court-related developments, the purchasing firm confirmed it had acquired the high-value Karen property previously associated with Raphael Tuju.

The acquisition is understood to be part of efforts to recover outstanding debt linked to the former Cabinet Secretary.

Background of the Debt Dispute

The sale comes amid a prolonged legal battle involving Raphael Tuju and lenders seeking to recover funds from a loan facility issued in 2015.

The dispute has been litigated in multiple courts, including:

• High Court in Kenya

• Court of Appeal

• Proceedings linked to foreign court judgments

The properties in Karen had been used as security for the loan.

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Impact of the Property Sale

The confirmed sale of the property signals a major step in the debt recovery process, with proceeds expected to go toward settling outstanding obligations.

Legal analysts say such asset sales are common in cases where:

• Loans go into default

• Secured assets are used to recover funds

• Courts allow enforcement of security

What Happens Next

Following the sale, the process of resolving the remaining financial obligations is expected to continue.

Further developments may include:

• Additional asset recovery measures

• Settlement of remaining debt

• Ongoing court proceedings

Frequently Asked Questions

Who owned the Karen property?

The property was linked to Raphael Tuju.

How much was the property sold for?

The firm confirmed purchasing the property for Sh450 million.

Why was the property sold?

The sale is part of efforts to recover debt linked to a loan dispute.

What happens next in the case?

The debt recovery process will continue as courts and parties work toward resolving the matter.