Tony Gachoka sued by his mother for selling family home
Political activist Tony Gachoka's mother sued him for using their family home as collateral for a Ksh 45 million loan from the now collapsed Trust Bank.
Bleary with disappointments, Margaret Njeri Muiruri pleaded with the High court to invalidate Trust Bank’s sale of their Thika home. She proclaimed that his son immersed himself in a pact with the bank’s owners and Phoenix Aviation general manager Shaun Warren that saw them attempt to defraud the family of their property.
In line with reports, Gachoka used the multimillion property as security for the loan he obtained two decades ago. His default coaxed the bank to auction the property.
Careful observation reveals that the house was registered to Central Kenya Limited, a company Mrs. Muiruri co-founded with her late husband Joseph Muiruri Gachoka.
After his father died in 1988, Mr. Gachoka ascended to the position of a director in their family company. It is alleged that at the age of 23 the political activist took a 45 million loan.