Dear Amana Capital,
Finally, the chickens have come home to roost. Your so called fund managers are obviously very fake/bonoko or corrupt.
I still cannot fathom how a fund actually took investors money and invested it in Nakumatt at a fairy tale 20% without thinking something was off/ smelly.
Further to that, the fake fund managers were also greedy or compromised/ bribed. I cannot understand how a fund can put 20% of their (investors) money on a single (Nakumatt) bond.
At the time of floating that Bond, Nakumatt had not been paying suppliers. What due diligence did this fake fund Amana do to establish that Nakumatt could give a 20% return. I suspect foul play.
To pour pilipili into a wound, the fake fund Amana allowed some people to withdraw their funds when the stuff hit the fan. That left some other minority investors to shoulder the weight of their 20% crappy investment. In effect, those left have lost over 30% of their money with no hope of recovery.
Amana is a fake fund with clueless fund managers.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.