×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Read on the App

Ecobank moves to recover Sh5b from distressed fuel marketer

Ecobank Towers, Nairobi. [Elvis Ogina, Standard]

Prime properties belonging to Kenyan oil marketer Hashi Energy have been put up for auction over billions of shillings allegedly owed by the financially troubled company.

Hashi Energy, owned by local tycoon Ahmed Hashi, is one of the oldest indigenous oil marketing companies in East Africa, with operations in Kenya, Uganda, Rwanda, Tanzania and the Democratic Republic of Congo (DRC).

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • 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