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Originally published by The Standard Business
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August 4, 2026
3h ago

Court hands Glee Hotel owner lifeline in Sh8b Equity debt row

Court hands Glee Hotel owner lifeline in Sh8b Equity debt row

The High Court has handed businesswoman Mary Wambui a lifeline in the Sh8 billion debt row with Equity Bank...

✨ Key Highlights

A court has granted a reprieve to the owner of Glee Hotel in a significant debt dispute involving approximately Sh8 billion owed to Equity Bank.

  • The case centers around a debt of Sh8 billion owed to Equity Bank.
  • The owner of Glee Hotel, identified as S.K. Sriramula, is the key individual involved.
  • The court's decision provides a temporary lifeline, preventing the bank from taking further action for now.

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