Billionaire Industrialist Piles Pressure On Nakumatt Over Debts

nakumatt, junction mall

nakumattFollowing the dispute between the Ndegwa family and the financially unstable retail chain Nakumatt Supermarket over the closure of its Junction Mall in Nairobi, the supermarket’s current financial situation has been revealed to the public.

The Ndegwa’s closed off the company from its Junction Mall premises claiming the supermarket has failed to pay debts.

After a year of verbal exchanges and disagreements the feud was finally brought to light and as a result the Ndegwa family made unwanted headlines.

Read: Nakumatt Shuts Down NextGen Store Indefinitely (Photos)

Earlier this week the supermarket was able to secure a court injunction which mandated them to continue with their operations.

The retailer chain accused the owners of Junction Mall of acting in bad faith.

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Written by Kahawa Tungu


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