Asset financing firm M-Kopa Kenya Limited now alleges that its co-founder and former chief financial officer (CFO) Chad Larson intends to undermine the company’s progress as he takes his shareholding dispute to the Capital Markets Authority (CMA).
The Kenyan unit of the London-based M-Kopa Holdings said the legal actions initiated by Mr Larson, including the latest petition to the CMA, are not about defending African employees, but rather to disrupt the company’s success.