Investor seeks Cytonn liquidation over Sh14m debt

Cytonn Investments CEO Edwin Dande. FILE PHOTO | NMG

A businessman has moved to court seeking liquidation of investment firm Cytonn over failure to pay Sh14 million upon maturity of funds in one of its pools. 

George Kirigi Thogo, in an insolvency petition filed at the High Court in Nairobi, says the property developer is indebted to him for a sum of Sh14,264,538 being the principal amount and interest. The money is still earning interest.

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