Jeff Koinange in deal with NCBA to halt homes sale

Connections ni muhimu!

https://www.businessdailyafrica.com/corporate/companies/Jeff-Koinange-in-deal-with-NCBA-to-halt-homes-sale/4003102-5537268-ky2fjq/index.html
A last-minute deal between NCBA Bank and Jeff Koinange stopped the auction of two four-bedroom villas belonging to the broadcast journalist over a Sh130 million mortgage debt.
The auction of the houses in the high-end Kitisuru suburb had been scheduled for Tuesday but the Citizen TV journalist inked a repayment deal with the bank, according to a source at Garam Investments — which had already prepared for the bidding.

House is worth 200m now, deni ni 65m…no normal guy angekubali iende…sio story ya connections. It makes financial sense to retain the property.

wamempatia tu chance auze nyumba yeye mwenyewe kwa wale watu walionyesha interest kwa auctioneer. sio eti anataka kuziretain.

He was renting out one and living the other. And no, haujui venye wameagree na bank so stop yapping

mortgaging in kenya is slavery

mbona nisijue?

Hawa maceleb wengi inaonanga kwa shoshso media bure kabisa, they live on loans to please the world…

But this is good loan…inappreciate

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Are these things worth 200M SURELY.I Wonder whats in these homes to cost all that.arent they brick just like any other building

Cousin’s bank.