Court lays to rest the ghosts of Uchumi for former executive

Former Uchumi CFO Chadwick Omondi Okumu. FILE PHOTO | NMG

When Chadwick Omondi Okumu switched jobs from Celtel Kenya (now Airtel) to troubled retail chain, Uchumi Supermarkets #ticker:UCHM on January 17, 2007, it was certain that it would not all be a smooth ride.

He was part of a team tasked with turning around a limping outfit that had been placed under receivership only six months earlier in May 2006, after it failed to pay debts worth Sh957 million owed to lenders KCB and the PTA Bank.

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