New administrator appointed for trucker Multiple Hauliers

Multiple Hauliers managing director Rajinder Baryan at the firm's offices in Embakasi on July 16, 2015.

Photo credit: File | Nation Media Group

The High Court has appointed the official receiver to manage debt-ridden transport and logistics firm-Multiple Hauliers EA Ltd and conclude a deal with an investor who has agreed to pump billions of shillings into the company.

In a ruling last week, Justice Alfred Mabeya appointed the official receiver to be the administrator of the company, after being informed that administrators appointed by NCBA Bank Kenya resigned in April.

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