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Ex-Billionaire Paul Ndung’u Fails to Pay SportPesa KSh 374 Million, Faces Bankruptcy Proceedings

Paul Ndung’u’s bankruptcy now sits at the centre of a legal and financial storm shaking Kenya’s betting and investment space. Once celebrated as a billionaire investor and loud SportPesa critic, Ndung’u has admitted in the London High Court that he cannot pay a court-ordered KSh 374 million.

The admission marks a brutal reversal. It strips away years of bold claims, public letters, and accusations of fraud. What remains is a failed court case, a massive unpaid bill, and looming bankruptcy proceedings that could erase what is left of his fortune.

Ex-Billionaire Paul Ndung’u Fails to Pay SportPesa KSh 374 Million, Faces Bankruptcy Proceedings
Paul Ndung’u’s bankruptcy reveals how collapsed claims, unpaid court costs, and lost credibility can rapidly turn a once-powerful investor into a debtor facing financial ruin.

Paul Ndung’u Bankruptcy Signals Total Financial Collapse

Paul Ndung’u told the London High Court that he is “unable to satisfy” an interim costs order running into hundreds of millions of shillings. The court did not order a symbolic payment. It demanded immediate cash.

Records show that Ndung’u must pay £1.6 million, about KSh 278 million, directly to SportPesa directors he accused of fraud. He must also pay £548,000, roughly KSh 95 million, to SportPesa itself. The combined figure hits KSh 374 million. These are interim costs, not final damages.

Interim costs carry serious weight. Courts issue them to punish weak cases and protect defendants from prolonged financial harm. They are payable before appeals or final judgments. Ndung’u did not ask for a payment plan. He declared outright inability to pay.

That admission exposes the core of Paul Ndung’u’s bankruptcy. It confirms that the man who claimed financial muscle no longer has the liquidity to back his words.

The High Court judgment crushed Ndung’u’s case after a detailed 190-page review. The judge dismissed all conspiracy claims. The court found no proof of fraud. It rejected the idea that Ndung’u acted as a public-interest whistleblower.

The ruling did more than end the case. It shifted the balance of power. SportPesa now holds legal authority to enforce payment, trace assets, and push Ndung’u toward insolvency.

How the Court Dismantled Ndung’u’s Whistleblower Claims

For years, Ndung’u built a public image as a crusader. He wrote letters to the President, the Directorate of Criminal Investigations, and the Interior Ministry. He accused SportPesa directors of criminal conduct. He framed himself as a victim locked out of his investment.

The court saw a different picture. Judges found no evidence to support the alleged fraud. They ruled that the claims relied on speculation, not facts. The judgment stated that Ndung’u failed to meet basic legal thresholds despite having ample opportunity.

The court also rejected his excuse for missing key court notices. Ndung’u argued that communications went to an old email address. The judge dismissed that argument without hesitation.

The ruling stated that a serious businessman must monitor his correspondence. The court treated the excuse as careless at best and tactical at worst.

That finding matters in the Paul Ndung’u bankruptcy story. It shows the court viewed his conduct as irresponsible. It also explains why the court imposed heavy interim costs.

Judges reserve such penalties for cases they view as fundamentally flawed. Ndung’u’s loss was not narrow. It was absolute.

Asset Seizure and Bankruptcy Now Loom Large

With the interim costs unpaid, SportPesa can move aggressively. The law allows asset tracing, enforcement orders, and recovery actions.

Auctioneers can target properties, vehicles, and shareholdings linked to Ndung’u. Banks can face garnishee orders. Courts can escalate the matter into formal bankruptcy proceedings.

Paul Ndung’u’s bankruptcy is no longer theoretical. It is procedural. Bankruptcy would strip Ndung’u of control over remaining assets. A trustee could take charge. Creditors would line up. His financial history would face forensic scrutiny.

The contrast with SportPesa could not be sharper. While Ndung’u pleads insolvency in London, SportPesa executives have returned to Nairobi announcing a KSh 1.12 billion investment in the SportPesa League.

One side expands and funds sports development. The other struggles to pay legal bills. That contrast damages Ndung’u’s credibility beyond the courtroom. Investors watch outcomes, not accusations. Courts test claims against evidence. Ndung’u failed that test.

Paul Ndung’u Bankruptcy stands as a warning. Loud allegations do not replace proof. Political letters do not outweigh legal standards. Wealth claimed in public must exist in bank accounts when courts demand payment.

The case shows how fast fortunes collapse when narratives meet evidence. Ndung’u once spoke as a man ready to reclaim a gaming empire. Today, he speaks as a debtor facing enforcement, asset seizure, and possible financial ruin.

In the end, the court did not just dismiss a lawsuit. It exposed a reality. Paul Ndung’u is no longer fighting for control of SportPesa. He is fighting to survive bankruptcy.

About the author

Nicholas Olambo

Nicholas Olambo is a versatile journalist covering news, politics, business, investigations, celebrity, and sports with sharp analysis and in-depth reporting.

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