Equity seizes Glee Hotel over Sh7.7bn loan default
Nairobi, July 8 -- Glee Hotel Limited, an establishment linked to businesswoman Mary Wambui Mungai, has been placed under administration over a debt of Sh7.75 billion.
In a notice placed in the newspapers, Equity Bank Kenya Limited stated that it had appointed Kamal Anantroy Bhatt as the administrator of the hotel and noted that any party with a claim against the company should write to the administrator.
"Pursuant to section 563(2) (b) of the Insolvency Act 2015 of Kenya, notice is hereby given that effective 6th July 2026, Kamal Anantroy Bhatt, of Anant Bhatt LLP, has been appointed as administrator of Glee Hotel Ltd by Equity Bank Kenya Ltd," the notice read.
The notice added that with the appointment, the administrator has taken co...
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