The former chief executive of the fallen retail giant Nakumatt, Atul Shah, will lose his Lavington home to auctioneers this month after defaulting on a Sh2 billion KCB #ticker:KCB loan he had guaranteed the supermarket.
The bank, through Phillips International Auctioneers, will sell the four-bedroom villa with a servants quarter when the auctioneer’s hammer falls on August 24.
