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End of an era as contractor Mugoya goes to liquidation

Tycoon James Mugoya when he appeared at a Nairobi court in 2007. PHOTO | FILE

A High Court judge has ordered the liquidation of former property development giant Mugoya Construction Company, driving the final nail into its coffin following endless legal battles that the firm has been fighting to stay alive.

Justice Francis Gikonyo has ordered that a receiver manager be appointed to sell off the firm’s assets and pay creditors after finding out that it is unable to pay any of its debts.

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