×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

High Court stops creditor from repossessing Nakumatt equipment

The High Court in Mombasa has stopped Rentworks East Africa Ltd from confiscating equipment worth millions of shillings from Nakumatt Supermarkets over more than Sh42 million debt.

Rentworks EA Ltd had instructed Girmat Auctioneers to confiscate equipment at Nakumatt’s premises in Lavington and Prestige branches over Sh42,419,388 debt.

Get Full Access for Ksh299/Week
Bold Stories Shape Kenya. Support Credible Journalism
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in