The High Court has granted approval for the auction of properties belonging to Moses Kuria, the Senior Economic Advisor to President William Ruto, over an unresolved loan debt. In a ruling delivered by Justice Aleem Visram, the court declined Kuria’s request to halt the auction, citing his failure to honor financial obligations on a loan he had taken years ago. The properties, which are set to be auctioned on April 8, 2025, include apartment blocks located in Ruaka and Juja, both in Kiambu County.
The court’s decision comes after Garam Investment Ltd., the appointed auctioneer, filed the legal proceedings to sell the properties in an effort to settle the outstanding debt. The loan, which has reportedly remained unpaid for several years, led to the legal action being taken against Kuria, prompting the auction of his assets as a means to recover the owed sum.
Kuria, a prominent politician and businessman, has yet to publicly respond to the court’s ruling. However, the legal order has sparked widespread attention, considering his influential position within the current administration. The properties in question, which are residential apartment blocks, are among his key assets, and the auction is expected to attract significant interest from potential buyers.
The ruling also serves as a reminder of the legal consequences that individuals, regardless of their political or social standing, face when failing to meet financial obligations. The decision is seen as part of the judiciary’s commitment to upholding the rule of law and ensuring accountability, irrespective of one’s status.
As the auction date draws near, there will likely be more developments in the case, particularly regarding any possible appeal or further legal actions that Kuria may take. For now, attention remains focused on the forthcoming auction and its implications for the businessman’s financial future.
