The fight over SportPesa assets and business has taken a new twist after entrepreneurs Paul Wanderi Ndung’u and Asenath Wachera Maina were expelled as shareholders of the betting company’s holding firm at zero compensation for their stakes.
Ronald Karauri, a shareholder and director at Pevans, informed Mr Ndung’u and Mrs Maina that they have been removed as shareholders for triggering court cases against the firm—whose license was revoked in 2019 on tax evasion claims.
