The government of Mauritius continues to hold 8.2 million shares of Britam Holdings #ticker:BRIT valued at Sh58 million seized in 2015 from its citizen Dawood Rawat whom it accused of running a Ponzi scheme in the island nation.
Mr Rawat had acquired a total of 460 million shares in the insurer through two investment vehicles — British American (Kenya) Holdings (452.5 million shares) and BAI Co (Mauritius) Limited (8.2 million shares).
