Creditors approve winding up of collapsed Abraaj Kenya

Arif Naqvi CEO Abraaj. PHOTO | COURTESY

A firm overseeing local commercial interests of collapsed Dubai private equity firm Abraaj Group in Kenya has been wound up.

This is after creditors held a virtual meeting and unanimously voted to wind up Abraaj Kenya Advisers Ltd where Muniu Thoithi and George Weru were appointed as joint liquidators.

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