Home Business Business uncertainty for Cytonn investors as court appoints administrator

Business uncertainty for Cytonn investors as court appoints administrator

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The Standard | by Kamau Muthoni


The High Court has appointed an administrator for two struggling Cytonn Group Investment funds.

Justice Alfred Mabeya appointed Kereto Marima to manage properties of Cytonn High Yields Solutions (CHYS) LLP and Cytonn Real Estate Project Notes LLP after the company’s Chief Executive Edwin Dande moved to court, seeking to have the funds managed by an administrator…

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