This archive report was first published on 14 August 2019.
Mo Sound Events, a company owned by Kevin Mulei, is facing a surprising threat of bankruptcy over a debt of USD 3,265.4 (Kshs. 337,000).
According to court documents, Kenya Energy Services Limited has been owed money by Mo Sound since January 2018, with two invoices dated 25 January 2018 and 24 August 2018.
As reported on Mpasho on August 14, 2019, the company provided Mo Sound with leasing services, but Mulei's company failed to pay the debt despite demands from the creditor's lawyers.
A statutory demand from the High Court ordered Mulei's company to pay the debt or face a bankruptcy order.
Kevin Mulei, who also owns NRG Radio station, is known for his flashy and wealthy lifestyle, which makes the situation all the more surprising.
