Former Limuru MP George Nyanja has secured a major reprieve after the Supreme Court halted a judgment that okayed the sale of his multimillion-shillion home in Karen, Nairobi.
The Supreme Court bench led by Chief Justice Martha Koome, Deputy Chief Justice Philomena Mwilu, judges Smokin Wanjala, Isaac Lenaola and William Ouko issued orders suspending execution of a Court of Appeal judgment pending determination of the case.
The High Court had earlier ruled that the sale was unlawful following a debt recovery move by City Finance Group.
However, the Court of Appeal overturned the High Court decision in February, dealing a major blow to the former lawmaker.
He then moved to the Supreme Court through lawyer Cecil Miller seeking to quash the Court of Appeal decision.
The Supreme Court, in orders issued on Thursday, stayed further proceedings and execution of the Court of Appeal decision.
“Pending the hearing and determination of this application inter partes, an order does issue staying further proceedings with respect to, or execution of, the judgment and decree of the Court of Appeal,” the judges said.
The matter has since been placed before the Deputy Registrar of the Supreme Court for case management and further directions.
The dispute between Nyanja Holdings Limited and City Finance Limited dates back to over three decades.
In their application dated May 18, 2026, filed by lawyer Cecil Miller, the petitioners argued that without interim orders they risked losing possession and control of the disputed property.
They maintained that the stay was necessary to preserve the status quo and prevent irreversible actions pending the hearing and determination of the appeal.
Court documents show that the Karen property was used as security for a credit facility advanced to Nyanja Holdings by City Finance Group back in 1988.
The petitioners argue that the original loan was about Sh8 million, which was later tied to multiple properties and grew into a broader facility estimated at about Sh11 million.
They further claim they repaid roughly Sh54 million over time, while alleging that interest rates applied by the lender ranged between 20 per cent and 75 per cent per annum.
The 24.5-acre property was later sold by private treaty
in 2007 for about Sh60
million, despite a valuation report placing its market
value at about Sh295.5 million at the time.
