Equity Bank Places Glee Hotel Under Administration Over Sh8 Billion Debt

Luxury hospitality establishment Glee Hotel has been placed under administration after reportedly defaulting on loans exceeding Sh8 billion, in a move by Equity Bank Kenya to recover the outstanding debt.According to a notice issued under the Insolvency Act, No. 18 of 2015, Kamal Anantroy Bhatt of Anant Bhatt LLP was appointed administrator of Glee Hotel … Continue reading Equity Bank Places Glee Hotel Under Administration Over Sh8 Billion Debt