Owner of Nyama Mama restaurant missing amid Sh520m loan fraud claim

Owner of Nyama Mama restaurant missing amid Sh520m loan fraud claim

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Owner of Nyama Mama restaurant missing amid Sh520m loan fraud claim

Thursday December 09 2021 jay

Jay and Ninaa Shanghavi, Founders Good Earth Group. PHOTO | COURTESY

BDgeneric_logo By SAM KIPLAGAT
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Summary

  • 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…

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