This archive report was first published on 12 May 2020.
On May 4, 2020, creditors of Abraaj Kenya Advisers Ltd, a local commercial interest of the collapsed Dubai private equity firm Abraaj Group in Kenya, held a virtual meeting to discuss the company's fate.
During the meeting, the creditors unanimously voted to wind up Abraaj Kenya Advisers Ltd, with Muniu Thoithi and George Weru appointed as joint liquidators.
As part of the winding up process, all unpaid bills are to be presented for settlement, with each creditor expected to provide proof of goods and services rendered by June 15, 2020.
According to a notice published in the dailies, creditors are required to send full particulars of all claims they may have against the company to the joint liquidators by June 15, 2020. Failure to present claims may result in being excluded from planned payments.
The liquidation of Abraaj Kenya Advisers Limited is expected to have minimal disruption to the normal operations of any entity formerly affiliated to Abraaj Kenya Advisers Ltd.
