Unclaimed cash, shares and dividends cross Sh75bn

DN2 1803 KENYAN CURRENCY

Kenyan shillings.

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Unclaimed cash, shares and dividends surrendered to a State agency have crossed the Sh75 billion mark, reflecting the difficulty in reuniting the idle wealth as investors, including tycoons, show disinterest in reclaiming the assets.

The Unclaimed Financial Assets Authority (Ufaa) revealed the idle assets stood at Sh75.5 billion in November, up from Sh62 billion in June, reflecting a growth of 21.7 percent.

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