Cytonn has lost all 21 appeals, clearing the way for the liquidation of Cytonn High Yield Solutions and Cytonn Project Notes.
The Official Receiver will now move to recover over Sh11 billion for more than 3,000 investors.
Here is what happened in the thread below:
This video shows how the Ritz-Carlton concealed a section of its construction from the official drawings, placing it directly in a migratory corridor. A hotel charging $350,000 per night means it will never even be accessible to most Kenyans, but choosing short-term profit over the long-term survival of ecosystems is indefensible. This kind of environmental vandalism should never be tolerated.
Hustlers steal hard cash in sacks.
Dynasties steal by legislation - eg, allocating billions in "stimulus package" to an industry you are a key stakeholder, building "public" highways through private property, or passing laws prohibiting others from selling what you sell.
Hitler killed 6 million Jews, you can't see his statues anywhere in Europe.
King Leopold of Belgium killed 10 million Africans, there are several statues of him in Europe - and you can find millions of Europeans willing to defend keeping statues in his honor.
Kenya: Wealthy individuals and big companies have stockpiled dollars to record levels that have now hit Sh625.9 billion as investors seek safe havens.
CBK data shows that foreign currency bank deposits held by Kenyans jumped by Sh14.7 billion in February —Business Daily
Today I'm a livid health worker. A patient comes to hospital, downplays her symptoms and blatantly lies about her travel history during triage. By the time the attending clinician thinks of COVID19, a bunch of unsuspecting health workers are already exposed. #CoronaUpdate