Business Daily | by Bonface Otieno
Nakumatt has put a freeze to repaying a Sh50 million loan belonging to Tuskys’ on claims that the struggling retail chain owes it more millions.
Nakumatt Holdings Administrator Peter Kahi said Monday that the money it was advanced in 2018 as part of a rescue plan by Tuskys is yet to be paid as the retailer also owes it more money in debt.
Mr Kahi however declined to indicate the exact amount Tuskys owes the fallen retail giant, only saying that the unpaid claims had accumulated over…
