Court orders Cytonn pay investor Sh2m in arbitration award

cytonn

Cytonn Investments Managing Limited Managing Partner and Chief Executive Officer, Edwin Dande. FILE PHOTO | DIANA NGILA | NMG

The High Court of Kenya has ordered Cytonn Investments Management Plc to pay an arbitral award of more than Sh2 million.

In dismissing the application by Cytonn to pay Esther Wangui in instalments the court stated that the company did not show why the amount could not be paid in full.

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Note: The results are not exact but very close to the actual.