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Kenya: CMA Spotlight on Britam Over Irregular Sale of Shares to Tycoon

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Kenya: CMA Spotlight on Britam Over Irregular Sale of Shares to Tycoon

Kenya's Capital Markets Authority (CMA) has summoned directors of Britam Holdings Ltd to establish their role in the alleged irregular sale of 452.5 million shares (23.34 percent stake) owned by the Mauritian government to Kenyan tycoon Peter Munga, the former chairman of Equity Bank, five years ago.

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Kenya: CMA Spotlight on Britam Over Irregular Sale of Shares to Tycoon

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Kenya: CMA Spotlight on Britam Over Irregular Sale of Shares to Tycoon

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