Atul Shah
Auctioneers Eye Ksh30M for Atul Shah’s Lavington Mansion
Shah had attached a number of his personal properties to secure credit lines for Nakumatt. Offered as security in 2011, the Lavington home...
MARTIN SIELE
Ex-Nakumatt Boss Atul Shah Loses Lavington Mansion to Auctioneers
By the time the supermarket chain collapsed in January, it had racked up debts amounting to over Ksh30 billion - including Sh18 billion...
MARTIN SIELE
Going, Going…! Little Known Auctioneer Wields the Hammer on Nakumatt’s Prime Asset
Nakumatt, which started off Nakuru Mattresses, had more than 60 outlets across Kenya, Uganda, Tanzania and Rwanda.
BT Reporter
Bank of Africa Wins Battle to Auction Former Nakumatt CEO’s Sh2bn Property
BoA becomes the first lender to seize Mr. Shah's property while other creditors are still baying for his blood.
BT Reporter
Ex Nakumatt CEO’s Financial Woes Pile as Rwandan Bank Comes Calling for Loan Recovery
A Rwandan bank has come to add to Mr Atul Shah's money woes as it seeks to recover the money it lend the...
Kevin Namunwa
Gone are the heydays when Nakumatt Mega made a killing
Nakumatt Mega was among the first stores that the Atul Shah family set up in Nairobi after expanding from Nakuru
Samuel Gitonga
Nakumatt bounces back with seven key outlets
Nakumatt Store Assistant Chris Ricky Amukoye (left) restocking maize and wheat flour stocks as a customer moves to pick a pack at Nakumatt...
BT Correspondent
Nakumatt CEO faces probe in Sh18bn loss
Court-appointed administrator Peter Kahi said he would seek a forensic investigator to investigate why Atul Shah wrote off stoc in May, before the...
REUTERS
Nakumatt kicks off 50% clearance sale
Shoppers are treated to clothes, clarks and sketchers, bicycles, stationary and carpets, kitchen wares, furniture and toys at the troubled retail chain's seven...
THE STAR
