Suraya housing project faces auction in debt saga


Suraya housing project faces auction in debt saga

In Summary

  • The Suraya contractor owes the security company over Ksh.2million accrued since 2017.
  •   This is what prompted CBT to approach an auctioneer to recover their money from Suraya.
  • The DCI is yet to issue a public statement on the matter.

One of the housing projects under Suraya Property Group may be auctioned to pay off debts owed to contractors.

Citizen Digital has learnt that China Building Technologies (CBT), the main contractor, is in talks with an auctioneer to recover their money.

They engaged an auctioneer identified as Mutua after they were denied entry into their building site by a security firm.

”The contractor tried to take some metals from the site but I told them they needed to pay me first before taking anything from the site,” an official from Pinkerton’s Security, a firm that was sub- contracted by CBT.

The Suraya contractor owes the security company over Ksh.2million accrued since 2017.

This is what prompted CBT to approach an auctioneer to recover their money from Suraya.

Anne Wairimu, one of the investors with the property group, told Citizen Digital that she had paid them Ksh.6million but is yet to be a given an apartment 8 years later.

“They (Suraya) used to pick my calls and inform me of the progress of the project but nowadays they don’t,” she said.

Eric* also said he paid Ksh.8million to Suraya for two housing units but is yet to be allocated either of them.

This prompted Anne and other aggrieved investors to seek intervention from the Director of Criminal Investigations.

The DCI is yet to issue a public statement on the matter.

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Story By Karanja Morgan
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