Treasury takes over idle assets of Naivas’ founder

A Naivas Supermarkets outlet: The retailer’s founder Peter Kago died in 2010. FILE PHOTO | NMG

Naivas Supermarkets founder’s assets have been taken over by the Treasury, putting him on the long list of individuals whose shares in companies listed at the Nairobi bourse have been surrendered to the State.

The Unclaimed Financial Assets Authority (UFAA) said it was holding Sasini and Safaricom shares and dividends belonging to the late Peter Mukuha Kago.

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