Close Menu
News HubNews Hub
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
Trending Now

How Crypto Lending Affects Token Circulation and Supply Dynamics

May 12, 2025

Government Orders Immediate Withdrawal of KDF Officers

May 12, 2025

CS Mbadi Makes Six New Appointments to Government Board

May 12, 2025

Landlord Locks MPs Out of Their Nairobi Offices Over Rent Arrears

May 12, 2025

Five New Political Parties Apply for Registration

May 12, 2025

Last-Minute Phone Call Saves Homa Bay Deputy Governor from Assassination Attempt

May 12, 2025

Companies Announce Mass Auction of Vehicles and Motorcycles

May 12, 2025

Ruto, Finnish President Struggle to Answer Questions Over Ksh1.1B Scandal

May 12, 2025

Credit and Inflation: Comparing Cryptocurrencies and Fiat Currencies in Light of Islamic Finance Principles

May 12, 2025

Leveraging Crypto Loans in Times of Fiat Currency Devaluation

May 12, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
News HubNews Hub
WhatsApp Facebook Advertise With Us
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
News HubNews Hub
General News

Mediheal Hospital’s Vehicles Seized by Auctioneers Over Ksh 40 Million Debt

Lorren AliwaBy Lorren AliwaJune 12, 2024Updated:June 12, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Mediheal Hospital Nakuru
Mediheal Hospital Nakuru Branch was closed last year after a financial downhill that left 17 doctors unpaid among other stuff.
Share
Facebook Twitter LinkedIn Pinterest Email
Mediheal Hospital Nakuru
Mediheal Hospital Nakuru Branch was closed last year after a financial downhill that left 17 doctors unpaid among other stuff.

On Wednesday, auctioneers confiscated 10 vehicles belonging to Mediheal Hospital Nakuru, a facility co-owned by former Kesses MP Swarup Mishra, in an effort to recover a debt amounting to Ksh 40 million.

Jomuki Auctioneers released a list detailing the assets up for auction, including four plots of land owned by Mediheal Group Limited.

These properties, co-founded by Mishra and his wife Dr. Palavi Mishra, include a 0.2223-acre plot in the Blossom Area of Kiambaa-Kesses Division, a 10.0-acre plot at Ngeria Centre, and two plots in the Elgon View-Greenvale area measuring 1.076 acres and 1.086 acres, respectively.

According to a certain publication, one John Muthee from Tango Auctioneers revealed that an additional court order for a Ksh 13 million debt is still pending.

Mediheal Hospital’s Nakuru branch was shuttered last year following a significant financial downturn, which led to 17 doctors and other staff members going unpaid.

The hospital is part of the Mediheal Group of Hospitals, a conglomerate valued at Ksh 30 billion. Despite once having five branches with its headquarters in Eldoret, the group is now teetering on the brink of collapse due to severe financial difficulties.

The financial crisis began last year when several medical insurance companies abruptly severed their partnerships with the hospital group, causing a substantial drop in revenue.

This situation has prompted additional auctions, including one in Eldoret, where Mishra is facing further asset seizures. He described the situation as an “unfortunate witch hunt” on his Facebook page, asserting that he trusts in divine justice.

Mediheal Hospital Nakuru
Follow on WhatsApp Follow on Facebook
Share. WhatsApp Facebook Twitter LinkedIn Email Copy Link
Avatar photo
Lorren Aliwa

Related Posts

Government Orders Immediate Withdrawal of KDF Officers

May 12, 2025

CS Mbadi Makes Six New Appointments to Government Board

May 12, 2025

Landlord Locks MPs Out of Their Nairobi Offices Over Rent Arrears

May 12, 2025

Five New Political Parties Apply for Registration

May 12, 2025

Last-Minute Phone Call Saves Homa Bay Deputy Governor from Assassination Attempt

May 12, 2025

Companies Announce Mass Auction of Vehicles and Motorcycles

May 12, 2025

Comments are closed.

Recent News

How Crypto Lending Affects Token Circulation and Supply Dynamics

May 12, 2025

Government Orders Immediate Withdrawal of KDF Officers

May 12, 2025

CS Mbadi Makes Six New Appointments to Government Board

May 12, 2025

Landlord Locks MPs Out of Their Nairobi Offices Over Rent Arrears

May 12, 2025

Five New Political Parties Apply for Registration

May 12, 2025

Last-Minute Phone Call Saves Homa Bay Deputy Governor from Assassination Attempt

May 12, 2025

Companies Announce Mass Auction of Vehicles and Motorcycles

May 12, 2025

Ruto, Finnish President Struggle to Answer Questions Over Ksh1.1B Scandal

May 12, 2025

Credit and Inflation: Comparing Cryptocurrencies and Fiat Currencies in Light of Islamic Finance Principles

May 12, 2025

Leveraging Crypto Loans in Times of Fiat Currency Devaluation

May 12, 2025
Popular News

The fact that protesters were shot doesn’t mean it was by police – CS Kindiki

September 26, 2024

Huyu karibu afukuzwe site kwa mjengo na foreman after showing up with a uda t shirt.

August 21, 2024

How to Build Credit Using Crypto Loans

February 27, 2025

Missing Kitengela Brothers and Activist Njagi Found Alive

September 20, 2024

Activists Released After Interrogation at DCI Amid Ongoing Anti-Finance Bill Protests

June 25, 2024

“Build your own roads and then introduce tolls,” Kalonzo tells President Ruto on proposal to toll major roads in the country. Watch

August 19, 2024

Behind the Scenes: Drama Unfolds Around ‘Echoes of War’ Play by Butere Girls

April 14, 2025

How to Win Ksh 50,000 or a Plot of Land This January with KCB Bank

January 10, 2025

Kenyan Marathoner Loses Ksh11 Million to Betrayal by Lover and Agent

February 1, 2025

DRAMA!! Listen to What this Fearless Gen Z Told Ruto Face to Face During Interaction on X Space. Watch

July 5, 2024
Facebook X (Twitter) Instagram Pinterest
  • Home
  • General News
  • Trending News
  • Advertise With Us
  • About Us
  • Contact Us
  • Privacy Policy
© 2025 News Hub. Designed by News Hub.

Type above and press Enter to search. Press Esc to cancel.