Forty senior staff members at Moi University are battling to save their land and posh retirement homes on 52 disputed acres in Kisumu. A bank wants to auction the land because of a Sh20 million loan extended to three directors of the buying company formed by the dons. The dons came together through the group to buy the land to put up retirement homes. Early this year, the dons who already have built posh homes on the land, were shocked when auctioneers said they would sell the land to recover the Sh20 million loan. The bank's lawyers said it had carried out due diligence and the land was used as security for the Sh20 million loan.

Source: The Star December 08, 2020 18:56 UTC