South C trader writes to NLC to stop land auc­tion

The Star (Kenya) - - Counties -

A South C busi­ness­man has writ­ten to the CBK and NLC to help him pre­vent the auc­tion of his two plots. He says the plots have been fraud­u­lently charged by ABC Bank. Mo­hamed Aden said Mo­hamed Abdi and Aress Ibrahim of AIMA En­ter­prises al­legedly used the ti­tles as col­lat­eral without his knowl­edge. Bank doc­u­ments ob­tained from the Anti Bank­ing Fraud Unit show the two col­luded with Gulf African and ABC banks to de­fraud Aden of his land in Lang’ata. The prop­erty has two ti­tles as it was sub­di­vided. ABC wants to auc­tion the prop­er­ties to re­cover Sh240 mil­lion.

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