Britam seeks to deregister former executives from professional bodies

Fund manager Britam Asset Management has opened a fresh battle against four former executives – now working as Cytonn Investments directors - seeking their removal from the roll of accountants, advocates and financial analysts for allegedly colluding to rob it of Sh7 billion.

The fund manager claims that the four Cytonn directors transferred Sh7 billion from a client account to their own firm before resigning from Britam two years ago.