Court appoints liquidator for debt-riddled retailer Tuskys

The High Court has appointed a liquidator for Tuskys. FILE PHOTO | NMG

Tuskys Supermarket is now on the verge of losing assets valued at about Sh6 billion following the appointment of a liquidator by the High Court.

This comes barely three months after the court ordered the liquidation of Tusker Mattresses Limited, as the retailer is officially known, in a suit filed by several creditors owed Sh19.7 billion by the struggling retailer.

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