Nakumatt CEO Atul Shah faces probe in Sh18bn theft

Atul Shah, Nakumatt CEO. PHOTO | FILE | NMG

Nakumatt chief executive officer Atul Shah is facing investigations over theft of suppliers' stock worth Sh18 billion at the troubled retail chain.

Peter Kahi, the court-appointed administrator of troubled supermarket chain, Wednesday told MPs he is seeking funds to hire a forensic expert to investigate how Mr Shah wrote off stocks worth billions of shillings before the company took a nosedive.

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