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| Tatu City site map |
NAIROBI, KENYA: Local shareholders in the Sh240 billion Tatu City project have disclosed how they acquired a 50 per cent stake in the controversial real estate project, which has been rocked by a fierce court battle.
One of the key stakeholders in the venture, the Renaissance Group, alleged in the course of the protracted court battle that Kenyan shareholders represented by the families of Vimal Shah of Bidco Oil Refineries, former Central Bank Governor Nahashon Nyagah and Steve Mwagiru, a coffee farmer, had no stake in the investment.
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