The National Bank of Kenya (NBK) has placed the Nairobi Upper Hill Hotel under receivership over a long-running dispute over a debt estimated at Sh447 million.
NBK, which was recently acquired by Nigeria’s Access Bank from KCB Group, said that Kamal Anantroy Bhatt of accounting consultancy firm Anant Bhatt LLP has been appointed the joint receiver manager of the hotel, effective August 18, 2025.