AndyZedCFA🇮🇪🇰🇪

Libertarian.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@ehdande I'll be in town in one week's time. Do you want to respond to the accounting queries that I asked about Cytonn 2017 financial statements in the telegram group before you deleted and blocked me? Or which is your preferred discussion method? @ICPAK_Kenya

[The Creditor Sentinel (Watchtower) @miamoreazure]

@C_NyaKundiH

[Gichuki Kahome @kahome_steve]

What is your annual expenditure?

100K * 12 = 1.2M

10% of a certain invested amount (X) should earn you 1.2M per year.

Find X or your total invested amount which comes to Ksh 12M

Hence you will need approximately Ksh 12M invested for you to live on a monthly income of 100K in retirement.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

I was very well planned in my retirement till crooked @ehdande and his company Cytonn decided to set me back many years.

[Gichuki Kahome @kahome_steve]

What is your annual expenditure?

100K * 12 = 1.2M

10% of a certain invested amount (X) should earn you 1.2M per year.

Find X or your total invested amount which comes to Ksh 12M

Hence you will need approximately Ksh 12M invested for you to live on a monthly income of 100K in retirement.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@MwangoCapital Mr. Edwin Harold Dayan Dande @ehdande @CytonnInvest cooked the books of his company. If he thinks I'm wrong he can take me to court tupambane huko. I will show him step by step how he did it @ICPAK_Kenya

[Martha Karua @MarthaKarua]

Press Statement: We are on our own.

I cry for my country noting that this is happening at a time when more than ever before we need a watchdog to check on a rogue executive who have grossly  violated citizens human rights

Full statement below

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@N_Kinyanjui @ehdande @ICPAK_Kenya The guilty are always afraid. Dande would be in jail if systems were working in Kenya. @ICPAK_Kenya go interrogate the books of Cytonn between 2015-2019 and focus on specifically accounting standards 2 (IAS 2) and IAS 40. That's where Dande fudged the financial statements.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@N_Kinyanjui @ehdande Cytonn real estate has NEVER made a profit. Their first project in Karen was a 50% loss. But they fudged the financial statements by recognising unearned revenue which lured more investors. He's lucky he did that in Kenya where authorities i.e. @ICPAK_Kenya are toothless.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@kiarie_KNK It also produced economic con artist Dande of Cytonn

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@ICPAK_Kenya it's a big shame that as an institute and a regulator you've never found it fit to investigate the books of Cytonn. I have repeatedly said it here here that @ehdande faked the financials. I'm volunteering to show you how this was done. DM me.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@ehdande You falsified your accounts hence ended up attracting more investors. When I pointed this out in the telegram group you blocked me. Let's have a sitting with @ICPAK_Kenya Dec 2024 and I'll prove how you faked the numbers.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@Mizani254 @WilliamsRuto @ehdande @nderi_j @TheNjoroge @AfricaCDA @aak_arch @aomenya @snaynek5 @StellarSwakei @WairimuMariam @eli_likuyani @DiamondDk20 Interesting panel you have

[Eric @amerix]

Remain FOCUSED.

Refuse to be distracted.

Dishonourable MPs are splashing dirty money, bribing parasites to scuttle our voice.

They are scared.

We are determined to make them accountable for the mockery, contempt, and theft of our taxes.

Focus.

Refuse to be a slave.

[Hon.Moses Kuria,HSC @HonMoses_Kuria]

The Committee meeting that endorsed the original Finance Bill which included VAT for milk and bread was chaired by the Deputy President. What a lying, dishonourable man !

[SokoAnalyst @SokoAnalyst]

If you this on your TL, please JUTST RT and share widely. #RutoMustGo

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

French president Macron calls for snap elections and says he will dissolve National Assembly

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

Chinese Real estate firm Evergrande fined US$ 577m for fraud. Between 2019 and 2020, the company falsely increased its revenue and profit by prematurely recognizing revenue.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

@moneyacademyKE It appears he is in competition with Drew Bisky.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

Crowe UK LLP has just been sanctioned for it's audit of Aseana Properties Limited financial statements for 2019.

The most significant failing was in respect of the carrying value of inventory which are land held for property development.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

Insolvent London Capital and Finance PLC was audited by 3 firms between 2015 and 2017. Investigations completed and sanctions issued on 6 May 2024.

2015 auditor - Oliver Clive & Co- £60,000 fine

2016 auditor - PwC- £7,000,000 fine

2017 auditor - EY- £7,000,000 fine

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

Crisis-hit Chinese property developer Country Garden has today suspended trade in its shares on the Hong Kong Stock Exchange after delaying the publication of its annual financial results.

[AndyZedCFA🇮🇪🇰🇪 @AndyZedCFA]

China largest property developer, Country Gardens delays publication of 2023 financial results that were due on 28th March. This reeks of big trouble. Default? Fraud? Prior year restatements?