Exclusive: Twiga legal chief departs company days after founder’s resignation
- Daniel Ngungi, head of legal and administration at Twiga Foods, left the company following the resignation of Peter Njonjo, the founder and CEO.
- Twiga Foods is facing a lawsuit from Incentro, a Google Cloud reseller, over a $3 million cloud service contract.
- Twiga Foods raised $35 million in convertible bonds to pay vendors it owed, but at least one vendor claims they were not paid or notified of a payment plan.
The departure of key executives and the ongoing lawsuit indicate significant challenges for Twiga Foods. The company's financial difficulties and disputes with vendors and partners raise concerns about its stability and ability to meet its obligations. It is crucial for Twiga Foods to address these issues promptly and transparently to regain trust and ensure its long-term success.
