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Cytonn Investments vs. Digital Content Creator: Curious Legal Battle Over Online Critique

Cytonn Investments vs. Digital Content Creator: Curious Legal Battle Over Online Critique
techweez.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techweez.com Daily Mail and Mail on Sunday newspapers.

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Cytonn's unit trust suffers Sh188m exits on brand hit


Investors withdrew Sh188.3 million from Cytonn Unit Trust Scheme which suffered the biggest outflow in the quarter ended June, according to data from the Capital Markets Authority (CMA).

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CMA directs Cytonn Asset Managers to change its name and halt on boarding of clients

CMA directs Cytonn Asset Managers to change its name and halt on boarding of clients
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Judge declines to hear default suit against Cytonn

Judge declines to hear default suit against Cytonn
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Brothers want firm to refund Sh46m


THE STANDARD
BUSINESS
Cytonn Investments CEO Edwin Dande during a media breakfast meeting in Nairobi on September 30, 2020. [David Njaaga,Standard]
Three brothers have sued Cytonn Investment Limited for allegedly refusing to refund their Sh46 million.
Charles Nzioki Kanyaa, Harrison Kaloki Kanyaa and Robert Munyao Kanyaa claimed they invested the money in Cytonn’s Real Estate projects with a promise that they would get a handsome reward for their investment, but the company has refused to pay them back.
Through lawyer Kioko Kilukumi, the siblings want the court to order Cytonn Real Estate Project Notes, Cytonn High Yield Solutions and Cytonn Investments Management to refund them Sh46,792,603 and the interest the money has accrued from the time of deposit.

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