CMA grills Kakuzi boss, CFO over Britain money transfers

Kakuzi Plc Managing Director Chris Flowers. 

Photo credit: File | Nation Media Group

The Capital Markets Authority (CMA) has questioned the chief executive and finance director of listed food producer Kakuzi over allegations of shifting profits abroad and conflict of interest by its majority shareholder Camellia Plc.

Kakuzi CEO Christopher Flowers, finance director Ketan Shah and general manager in charge of finance Benjamin Okiring have been contacted by the CMA in recent days, three sources familiar with the probe told the Business Daily.

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