Thursday, September 20, 2012

Suraya property row back in court

A maisonette at Fourways Junction off Kiambu road being constructed by Suraya Group. Photo/FILE

A maisonette at Fourways Junction off Kiambu road being constructed by Suraya Group. Photo/FILE 

By NATION REPORTER

A tussle between the Suraya Property Group and Michael Muigai Kenyatta was back in court on Thursday.

Suraya Group wants the High Court to extend an order that stopped Mr Kenyatta from selling the property measuring 242 acres in Gatanga, Thika District, pending proposed arbitration between them.

Mr Kenyatta has opposed the application, arguing that the company is seeking a way to continue enjoying the court order when it does not have a claim against him.

Suraya Group and Mr Kenyatta, a relative of former President Jomo Kenyatta, entered a joint venture to form a company called Oak Tree Golf Properties Ltd.

They planned to use the company to build a luxury golf estate off the Thika superhighway, to be called the Oak Valley Estate.

Documents filed by Suraya Group in court indicate that the proposed estate had already received offers from house buyers amounting to Sh1.2 billion before the project began.

advertisement