Former Kenya Airports Authority Board member Isaac Wanjohi, his wife Isabella Nyaguthi and their Gumba Investments are facing bankruptcy proceedings following a protracted battle with real estate juggernaut Acorn Properties that has left the tycoon and his family Sh117.8 million in the red.
Acorn Properties has filed a notice with the High Court, intending to initiate bankruptcy proceedings against the trio if they fail to settle the Sh117.8 million debt by March 31, 2024.
