Kakuzi bosses under probe over payments to related companies

KAKUZI

The entrance to the Kakuzi factory in Makuyu, Muranga County. FILE PHOTO | NMG

Senior officials of Kakuzi Plc are under investigation over financial and other dealings in the company, the capital markets regulator has revealed.

The Capital Markets Authority (CMA), in a report released a short while ago, is investigating allegations which if proved could disclose transactions at the Nairobi Securities Exchange (NSE)-listed agricultural firm that may have cost shareholders dearly for years while enriching some officials of the company.

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