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Former staff complain about Jacaranda Hotel

Former staff complain about Jacaranda Hotel

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Boi Boi

@yobos · May 24 · 1 min read

Story · Former staff complain about Jacaranda Hotel

Njenga Karume, Former Defence Minister and Billionaire Jacaranda Hotel owned by the late Njenga Karume's family has been between a rock and a hard place since his demise. Saddled with debts and family squabbles, the hotel has been under threat of auction over a Sh250 million debt owed to GT bank. Staff now complain about non payment of send off package. "Hi Mr. C. Nyakundi. Please help me and on behalf of others 150 staff of Jacaranda Hotel, Westlands, Nairobi. They have not payed  since (2019) on retirement to date and other are not working but still on payroll. Thanks in advance", a former staff wrote. Karume died in 2012 after battling cancer, leaving behind an estate estimated to be worth around Ksh40 billion among the assets being the Jacaranda Hotel. https://nyakundireport.com/struggling-jacaranda-hotel-fails-to-pay-staff-for-three-months/ The hotel was set to be auctioned on March 12, 2021, but got saved by a whisker. The management of the hotel that sits on a 3.5 acres piece of land in Westlands Nairobi took the loan and a further overdraft from a bank which is yet to be repaid. KRA also demanded the hotel to offset Sh50 million and clear the remainder within three months as of February 2021. The tax man has originally demanded over Sh90 million tax arrears.

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