Nakumatt accuses Junction Mall owners of closing down its branch despite  fulfilling conditions

Nakumatt accuses Junction Mall owners of closing down its branch despite fulfilling conditions

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BY EURIDICE NZIOKA, NAIROBI,2ND OCT 2017-Retail supermarket chain  Nakumatt  is  accusing   owners of junction mall  of  illegally shutting down its branch, saying it will take action to protect its legal rights.

The branch at The Junction on Ngong Road in Nairobi was shut down on Sunday evens as it continued to experience  cash flow challenges.

This came days after the retail chain merged with Tuskys citing trouble with the settlement of suppliers’ debts.

But the Supermarket demanded that Junction Mall immediately allows them access to the premises and “desist from the predatory behavior”.

“As this had not happened at the time of issuing this statement, we are taking urgent action to protect our legal and constitutional rights,” the retailer said.

In a statement on Monday, Nakumatt said the mall’s directors and managers “illegally, deceitfully and using trickery,” locked their premises in breach of their existing lease arrangement.

“After posting a fraudulent and misleading public notice, the directors and managers prevented us from accessing the premises,” it said.

Nakumatt said they entered into an agreement on September 15 with Junction Mall owners and agreed to pay them Sh20 million on or before December 1 – the surrender date.

“Nakumatt has clearly complied with the contents of the agreement. We have taken verifiable steps to ensure that the premises are adequately restocked by 1 December 2017,” they said.

“We were waiting for the return of the surrender instrument and were, therefore, surprised by the unexpected turn of events.”

 

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