Kenyan businessman Paul Ndung’u challenges SportPesa trademark transfer in new court fight
Paul Ndung’u returns to court, challenging the transfer of the SportPesa trademark and accusing former partners of arranging a fraudulent deal.
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Paul Ndung’u returns to court, challenging the transfer of the SportPesa trademark and accusing former partners of arranging a fraudulent deal.
Aside from his ownership interest in the SportPesa brand, Ndung’u owns a significant stake in Life Care Medics.
Ndung’u is one of Kenya’s richest men.
Ndung’u is a prominent Kenyan businessman and shareholder in Pevans East Africa.
The move follows a special resolution by Sportpesa CEO Ronald Karauri and other key stakeholders at Pevans East Africa.
Ndung’u and Asenath Wachera Maina each owned 17 and 21 percent of Pevans East Africa.
The move comes nearly two years after the SportPesa brand was relaunched.
SportPesa is a leading sports news and betting technology company.