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Originally published by The Standard BusinessAugust 4, 2026
3h ago
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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