BY JOHN WERU,NAIROBI,20TH FEB 2018-The woes pitting the once giant retail store Nakumatt continues after Galleria Shopping Mall owners who have rented a space to Nakumatt seeks the removal of the retailer after accumulation of rent arrears amount to Sh107 million.
Parkside Developments Limited has moved to court seeking to take over the space currently occupied by the retailer.
“That this honourable court hereby grants leave to the interested creditor to exercise its right of forfeiture and re-enter its premises known as unit 0.1 situated on the ground floor of the Galleria Mall,” the firm has requested.
The firm also claims that the Kenya Revenue Authority (KRA) has directed its remaining tenants to pay rent directly to the authority due to unpaid Sh86 million in taxes.
In January Nakumatt holdings a company that owns Nakumatt chains of stores was allowed by the court to appoint an administrator in a bid to stop liquidation.