Owner of Nyama Mama restaurant missing amid Sh520m loan fraud claim
Thursday December 09 2021
Jay and Ninaa Shanghavi, Founders Good Earth Group. PHOTO | COURTESY
By SAM KIPLAGAT
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- Ninaa Shanghavi was required to appear before senior principal magistrate Zainab Abdul on Wednesday but her lawyer said she had travelled outside the country.
- The magistrate declined to suspend the warrant for her arrest for two weeks, saying she was aware that she was required to appear in court.
- Ms Ninaa and her spouse Jayesh Shanghavi are accused of obtaining a Sh520 million loan without offering security.
The proprietor of a popular Nyama Mama restaurant has gone missing amid accusations of fraudulently obtaining over half-a-billion shillings from a bank prompting a Nairobi court to issue a warrant for her arrest.
Ninaa Shanghavi was required to appear before…