Nation | by Sam Kiplagat
The High Court has given property dealer Cytonn Investments a month to recruit a new trustee for its fund mobilising arms, Cytonn Asset Managers Limited and Cytonn Unit Trust.
Justice Grace Nzioka also directed the regulator, Capital Markets Authority (CMA), to issue a fresh notice to Cytonn within 30 days as per the law.
At the expiry of the period, the judge said, CMA would be free to take relevant action against Cytonn in accordance with the law…
