The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The main entrance to collapsed supermarket chain Nakumatt's ex-head office off Mombasa Road in Nairobi
One of the banks seeking to auction a Sh2 billion property belonging to collapsed retailer Nakumatt over unpaid loans, has been cited for flouting the law.
The High Court has ruled that Bank of Africa failed to comply with the law by not serving other creditors with appropriate notice before initiating the process of the sale of Nakumatt’s former head office in Nairobi’s Industrial Area.
Premium Article
Get Full Access for Ksh299/Week.
Uncover the stories others won't tell. Subscribe now for exclusive access.
🔥 Flash Sale !
Subscribe now and enjoy 50% off monthly and annual plans. Offer ends in…