Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
EDITORIAL: Put more effort into tracing beneficiaries of idle assets
Former Vice-President Kalonzo Musyoka, ex-Cabinet minister Simeon Nyachae, the late Bomet Governor Joyce Laboso and late First Lady Lucy Kibaki are among the list of prominent Kenyans whose funds have helped swell the unclaimed assets fund. FILE PHOTOS | NMG
The Unclaimed Financial Assets Authority (UFAA) has given the owners of more than 800 million shares up to the end of August to claim them or risk losing them to the State.
The said shares worth Sh26 billion have already been surrendered to the Treasury as idle assets after a number of companies holding them reported them unclaimed.
