Billionaires escalate fight over SportPesa trademark

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Paul Wanderi Ndung’u, one of the shareholders of Pevans East Africa (left), and Sportpesa Chief Executive Officer Ronald Karauri.

Photo credit: File | Nation Media Group

The fight for the valuable SportPesa gaming trademark has escalated to the Office of the Registrar of Trademarks in a fresh suit alleging fraudulent transfer of the brand, tax evasion and forgery.

The Registrar of Trademarks has been put on the spot for facilitating the alleged fraudulent transfer of two trademarks from Pevans East Africa to UK-based SportPesa Global Holdings Limited (SPGHL) for £100,000 (Sh17.3 million) each.

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