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The Attorney General Paul Kihara has issued a Gazette Notice to take over all the assets of media mogul SK Macharia.
Listing #1061 by Mary Mundia on 05/10/2020    Viewed 43 times . Replied to 0 times . Printed 0 times

This includes Royal Media Services, which owns Citizen TV, Inooro TV, Radio Citizen, Ramogi FM, Inooro FM, Musyi FM, Chamgei FM, Muuga FM, Egesa FM, Bahari FM, Mulembe FM, Wimwaro FM, Sulwe FM, Hot 96 and Vuuka FM.
This is after SK Macharia refused to pay a debt of KSh293 million owed to businessman Livingston Waithaka. The debt was originally KSh500,000, and emanated from a 1986 collapsed land deal.
After 34 years of litigation, the Court of Appeal recently ruled in Mr Waithaka’s favour.

 

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