UK court orders SportPesa co founder Paul Ndung’u to pay $2.9 million in costs as ownership fight drags on
A London judge ordered Paul Ndung’u to pay Sh374 million in interim costs after rejecting key claims in his SportPesa ownership dispute.
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A London judge ordered Paul Ndung’u to pay Sh374 million in interim costs after rejecting key claims in his SportPesa ownership dispute.
A London court ordered Kenyan businessman Paul Ndung’u to repay $2.9 million to former partners after losing a bid to reclaim a stake in SportPesa.
SportPesa, led by Ronald Karauri, renews support for Kenyan boxing, backing local fighters and grassroots programs after six years away.
London’s High Court tossed out Paul Wanderi Ndungu’s fraud case over SportPesa shares and slapped him with a Sh375 million costs bill.
A viral blog thrusts SportPesa investor Asenath Wacera into view, reviving her early role as the widow of ex-Nairobi mayor Dick Wathika.
Kenya’s richest investors are battling in court for control of the SportPesa betting brand.
This initiative represents a significant stride toward contributing to Kenya’s comprehensive growth and prosperity.
Karauri emphasized that SportPesa is committed to the long-term development of rugby in Kenya.
Aside from his ownership interest in the SportPesa brand, Ndung’u owns a significant stake in Life Care Medics.
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.
Sportpesa is a leading sports news and betting technology company.
The SportPesa brand was relaunched by Milestone Games.
The move comes nearly two years after the SportPesa brand was relaunched.
SportPesa is a leading sports news and betting technology company.