Cytonn loses bid to suspend arbitration with aggrieved investor

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

A real estate investment scheme, Cytonn High Yield Solution LLP, has failed in its bid to suspend a court order that allowed arbitration between it and an aggrieved investor.

The scheme, which is under administration, wanted the court to suspend the implementation of the orders granted to Mary Margaret Njuguna, an elderly retiree, on February 5, 2022. The orders allowed Ms Njuguna to commence and continue with Arbitration proceedings against Cytonn.

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