A multi-million-shilling property belonging to former Naivasha MP John Mututho has been put up for auction.
The eight-bedroom double-storey residential house with 17 other single rooms, three toilets, and two bathrooms is located in Riruta Satellite within Nairobi’s Kawangware area.
In a notice on Monday, Garam Auctioneers indicated that the residential property brings in Sh165,000 in rental income per month.
“Parcel of land known as L.R. No. Dagoretti/Riruta/s.499 Riruta Satellite Nairobi registered in the name of John Michael Njenga Mututho,” the notice for auction reads in part.
It is yet to be established which lender Mututho, the former chair of the National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA), owes.
“The outstanding land rates and penalties were Sh165,590. Piped water and mains electricity services are connected,” the notice adds.
The property is situated 950 meters off Dagoretti Corner-Kawangware-Uthiru Road and measures 0.23 acres.
Mututho joins a growing list of Kenyans losing their property in the wake of the harsh economic times occasioned by the COVID-19 pandemic.
Kenyans defaulted bank loans worth Sh73 billion in 10 months to December 2020, according to Central Bank of Kenya (CBK) data.