A Mount Kenya tycoon is set to lose several properties including his construction company and two residential properties to auctioneers.

The tycoon who owns Nyoro Construction Company Limited once scored a tender with the national government for the construction of the Gitugi-Njumbi-Mioro road in 2012.

In 2018, President Uhuru Kenyatta issued a warning to the tycoon over a four-year delay on the 41-kilometre road.

Seven years later, his construction company which has several properties along Mombasa Road as well as prime residential plots in South B are set to be sold on auction on March 28.