An investment vehicle associated with Bidco Africa Chairman Vimal Shah and former Central Bank of Kenya Governor Nahashon Nyagah is set to lose its stake in Tatu City, bringing to a near end a dramatic decades-long battle for control of the multibillion-shilling real estate project.
This follows the loss by Stephen Mbugua Mwagiru, one of their associates, in his bid to stop the disposal of shares held in two Mauritian-registered special purpose vehicles that ultimately linked them to Tatu City.
