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How troubled AAR unit was put under liquidation

Financially-starved AAR Healthcare Tanzania Ltd has been put under liquidation effective April 22, 2021, ending a decade long presence in the country.

In a statement, joint liquidators, Nelson Emmanuel Msuya and David Timothy Tarimo of PricewaterhouseCoopers, notified the public and creditors that they have taken over the company’s assets and are receiving claims under the ensuing circumstances.

“To enable any claim you may have against the company to be duly adjudicated and considered in the distribution of any realisations from the sale of the assets of the company, please send to the liquidators particulars of any claims,” the joint liquidators said.

“The company will shut down all of its operations effective Sunday, 25th April 2021.”

The parent company, Kenya-based AAR Healthcare Holdings, had announced in March 2021 that it was ceasing providing bailout funds and had opted for its ultimate winding up.

SOURCE: The East African.

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