Troubled retail chain Nakumatt owes billions to several companies in Kenya at the moment. According to papers filed in court, more than 50 companies have sort to seek the legal intervention to have their money paid back. Giant Kenyan dairy processing firm Brookside tops the list as the highest victim. On the 19th of September, Nakumatt turned a shoulder to Tuskys in bid to rescue its lost glory. The two retailers signed a merger deal that will help revive Nakumatt whose shelves have been empty for a long time.
Here is a list of firms that Nakumatt owes billions at the moment.
Firm | Amount Owed |
Brookside Dairy Limited | Ksh 457 Million |
Redstar International | Ksh 261 Million |
Kisima Management limited | Ksh 201 Million |
Kenindia Insurance | Ksh 161 Million |
Nexus Holdings Limited | Ksh 103 Million |
Charia Veterinary Distributors | Ksh 97.9 Million |
Lemoc Limited | Ksh 94.6 Million |
Kevian | Ksh 90.2 Million |
Haco Industries | Ksh 71.8 Million |
Africa Cotton Industries | Ksh 70 Million |
Tropical Brands | Ksh 56.3 Million |
Kenya Breweries Limited | Ksh 54 Million |
United Distillers Vintners Kenya | Ksh 49.3 Million |
Fresha Milk | Ksh 45.4 Million |
Zenko Kenya | Ksh 45 Million |
NIC Bank | Ksh 42 Million |
Nellea Limited | Ksh 41.9 Million |
Henkel Kenya | Ksh 40 Million |
Mill Bakers Limited | Ksh 37.7 Million |
Seven Days International | Ksh 29 Million |
Trisclimensional services | Ksh 28.5 Million |