Azziad Sues Sacco In A Bid To Stop The Auction Of Her Ksh 20 Million House in Kileleshwa
- Published By Jedida Barasa For The Statesman Digital
- 2 hours ago
Content creator Azziad Nasenya has filed a case at the Commercial Court in Nairobi in a bid to stop the auction of her Ksh20 million house in Kileleshwa.
Azziad filed a lawsuit against a Sacco to prevent the planned auction of her Kileleshwa apartment, claiming she is at risk of losing her property despite having cleared her outstanding loan arrears.
The media personality argued that she acquired the property legally through a financing agreement with the deposit-taking savings and credit society.
“Consequently, the 1st Defendant prepared the charge dated June 12, 2024, over the suit property to secure the disbursement of the agreed amount to the vendor of the suit property."
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“The court will note that recital 'B' of the charge expressly states that the 1st Defendant, as the chargee, would not call for, sue for, or require the repayment of the loan under the charge outside the time specified by the charge,” court documents stated.
According to court papers, Azziad claimed that the Sacco is attempting to recall the entire loan amount and instructed the auctioneer to dispose of the apartment, stating it was unlawful and premature.
Court documents showed that Azziad became a member of the financial institution after she made regular monthly contributions, which gave her a grant to access loan facilities.
Azziad alleged that after identifying the property in Kileleshwa, she applied for financing from the Sacco and was granted a loan of Ksh20,389,720 to acquire that property on April 14, 2024.
On April 16, a loan agreement was executed, and the apartment was charged to the institution in June 2024 as security for the facility and was then transferred to her name.
According to court filings, Azziad had begun repaying the loan, and by the time of the dispute, she had paid Ksh897,924.68.
"However, like most Kenyans, the Plaintiff fell into arrears in repaying the loan due to the current economic hardships, with the arrears amounting to Ksh1,510,035 as of September 2025," part of the statement read.
Azziad alleged that the Sacco later deducted Ksh2.45 million from her savings on September 19, 2025, clearing her arrears.
She said that she was shocked after auctioneers on September 24 put the property up for sale on October 8, 2025, over an alleged outstanding sum of Ksh21.88 million.
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