Rich Atul leaves creditors in tears as Nakumatt is buried

Nakumatt Holdings Managing Director Atul Shah (right) attends to a customer at the till during the opening of Nakumatt Garden City in 2015. [File, Standard]

Atul Shah may have walked out of the Nakumatt fiasco wealthier than when he started some 40 years ago, but has left behind sorrow among the people he dealt with. 

From a son of a once bankrupt father, he built an empire that grabbed global attention, including from the world’s biggest retailer WalMart, but ended just about where it all started.