Former Jubilee Party Secretary-General Raphael Tuju's second prime property is set for auction as the East African Development Bank (EADB) steps up efforts to recover a Sh4.5 billion debt arising from a loan advanced to the politician a decade ago.

Garam Investments Auctioneers said in a public notice that Entim Sidai Wellness Sanctuary in Karen will go under the hammer on August 25, 2026, months after another of Mr Tuju's prime properties was sold following his default on the regional bank's loan.

“The property is developed with an old-style but well-maintained, spacious, part double-storey, part single-storey colonial house of nine bedrooms, all ensuite,” reads part of the auction notice.

The property sits on about 20 acres of land in the leafy suburbs of Karen.

The latest auction comes after the High Court, on May 21, temporarily suspended the sale of Entim Sidai Wellness Sanctuary on condition that Mr Tuju deposited Sh50 million in court within 30 days.

The court also directed Mr Tuju to file an appeal challenging the planned forced sale within 60 days of the ruling. Failure to do so will result in the stay order being automatically discharged.

However, the court upheld the sale of Tuju's other properties, Tamarind Karen and Dari Business Park, ruling that his right to rescind the transaction ended once the auction was concluded and the properties were transferred to Stabex International co-owner Jackson Kiplimo Chebett in 2024.

The regional lender sold the property to Ultra Eureka Ltd, a company owned by Stabex International Ltd co-owner Mr Chebett, for Sh450 million on October 1, 2024.

After acquiring the property, which sits on a 6.8-acre parcel of land, Ultra Eureka Limited disclosed that it charged the property's title to Kenya Commercial Bank (KCB) for a $2.5 million (Sh324 million) loan.

Mr Tuju used the property, alongside Entim Sidai Wellness Sanctuary, as collateral for a $9.3 million loan advanced to Dari Limited by EADB in April 2015.

At current exchange rates, the facility is equivalent to about Sh1.2 billion, but the outstanding debt has since snowballed to about Sh4.5 billion after the accumulation of interest, penalties and other charges.

Entim Sidai was originally a 94-year-old Victorian bungalow in Karen on which Tuju planned to build retirement homes in a project dubbed Karen Retirement Home.

Set on 20.2 acres, the estate combines an expansive colonial residence, resort-style amenities and a purpose-built wellness sanctuary complete with a clinic, massage parlour, restaurant and conference facilities.

Following the loan advanced by EADB on April 10, 2015, Tuju has been locked in a bruising legal battle as he struggles to prevent the empire he spent decades building from crumbling.

The facility was to be advanced in two tranches, with the first, $9.3 million, earmarked for the acquisition of the 94-year-old Victorian bungalow on Tree Lane, Karen, where he planned to build luxurious retirement villas.

The second tranche—Sh294 million—was meant to facilitate the commencement of construction works.

Mr Tuju has always insisted that EADB breached their agreement when it failed to advance the second tranche of Sh294 million for the development of 30 three-bedroom maisonettes on one property and eight five-bedroom maisonettes on another.

The lender has countered that it could not disburse the money because the conditions for the second drawdown had not been met.

Among the conditions were the presentation of architects' certificates confirming works completed within the agreed drawdown period and the provision of additional security—specifically Tuju's property in Upper Hill.