Former KRA chair acquires Sh1.6bn stake in HF Group

 Kenya Revenue Authority (KRA) former chairman Anthony Mwaura

Photo credit: File | Nation Media Group

Former Kenya Revenue Authority (KRA) chair Anthony Mwaura, his spouse and daughter bought a Sh1.6 billion stake in HF Group, making the family the second-largest shareholder of the listed mortgage firm.

Mr Mwaura, through Toddy Civil Engineering, purchased 81.6 million shares or 4.33 percent of the bank currently worth Sh548.3 million via HF's rights issue, which altered the lender's top ownership list.

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