KCB Moves To Sell Disputed Mavoko Land In Sh7 Billion Recovery Push

KCB Group’s plans to liquidate 2,000 acres of prime land in Mavoko to recover a Sh6.99 billion debt face significant hurdles as the lender navigates an entrenched property dispute involving squatters, homeowners, and local businesses. The land, legally transferred to KCB from East African Portland Cement Company (EAPCC) in a debt-settlement arrangement, remains highly contested despite the bank’s ongoing regularisation and financing offers to current occupants.