Investor sues for compensation of Rea Vipingo shares

Capital Markets Authority chief executive officer Paul Muthaura. FILE PHOTO | NMG

A former shareholder of agricultural firm Real Vipingo has sued the capital markets regulator for alleged irregular share sale by a stockbroker.

Raj Premchand Shah claims that in November 2013, Afrika Investment Bank sold his Real Vipingo shares without his written consent or that of his appointed representative Ronak Shah.

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