Around the time the State put up for sale- six Cytonn Investment properties, the High Court in a separate case ruled in favour of the real estate firm, ordering the capital markets regulator and its Cheif Executive-Wyckliffe Shamiah, to pay the company Sh10.5 million in defamation damages.
What followed was an escalation of an already muddied battle between Cytonn CEO Edwin Dande and those he believes stand in the way of the firm’s revival—a turn of events akin to the ratcheting up of hostilities in the ongoing conflict involving the United States, Israel and Iran, with both sides digging in.
