Top News

Shoprite in Umuahia sealed over loan Insolvency

Share this story:

The Umuahia branch Shoprite has been sealed by court order over loan insolvency, according to reports.

Management of Shoprite is said to have defaulted on a loan it took with the affected shopping mall.

Shoprite’s spokesman could not be reached for comment. But a staff, who pleaded anonymity, confirmed the development.

“Yes, it’s true… the building has been sealed. It was sealed earlier today. That’s all I can tell you for now”, the staff said.

Share this post:
error

Leave a Reply

Your email address will not be published. Required fields are marked *