Cytonn ruling a boost for rights of investors

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Cytonn Investments Managing Limited Managing Partner and Chief Executive Officer, Edwin Dande. PHOTO | DIANA NGILA | NMG

The High Court’s decision ordering the liquidation of Cytonn’s assets to pay creditors is a welcome move that advances the rights of investors.

The Cytonn case was special because most of the investment products were not regulated, leaving investors to rely on the legal system to enforce their claims.

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