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Landlord sues bank for default and intent to auction his house

The Co-operative Bank is embroiled in a legal battle with its landlord for failing to pay rent and at the same time placing the property for auction over unpaid loan.

Nairobi businessman Stanley Mwangi has sued the bank over Sh14 million in house rent arrears. Mwangi is also seeking to block an intended auction by the bank, his tenant, over an unserviced loan.

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