Equity seizes Glee Hotel over Sh7.7bn loan default

Glee Hotel

Glee Hotel in Nairobi which is owned by businesswoman Mary Wambui (inset).   

Photo credit: Wilfred Nyangaresi | Nation Media Group

Glee Hotel Limited, an establishment linked to businesswoman Mary Wambui Mungai, has been placed under administration over a debt of Sh7.75 billion.

In a notice placed in the newspapers, Equity Bank Kenya Limited stated that it had appointed Kamal Anantroy Bhatt as the administrator of the hotel and noted that any party with a claim against the company should write to the administrator. 

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