tony stark wrote:After the character development these crooks in suits have done to me and the write off of a lot of money, I owe you an apology! Thank you for the early warning. It is unfortunate I did not take your warning seriously and learning the hard way.
Wacha I continue to learn my tu lessons and lick my wounds.
These original 4 .... I shall remember these names. If I ever see these names anywhere ..... My association with whatever it is ends.... ata watoto!
No problem (if you mean me).
Superior Homes next? I have said it here for a few years now and glad to see nation article picking up the following:
NEVER FORGET THE CYTONN 4
Elizabeth Nkuku
Shiv Arora
Edwin Dande
Patricia Wanjama
Nation extract:
“ Pyramid scheme - Mr Dande resigned from British American Asset Managers (BAAM), an investment unit of the Britam group, alongside three colleagues – Shiv Arora, Elizabeth Nkukuu and Patricia Wanjama – in August 2014 as they sought to compete with their former employer.
Mr Dande’s group seemed to be living the dream. But Britam Group was livid and filed five civil cases against Cytonn, its owners and the Acorn Group claiming fraud and accusing the Dande quartet of siphoning Sh4 billion from its former employer.
Britam’s subsidiary, BAAM, also sought criminal charges against the Dande four.
BAAM also filed a formal complaint with the Institute of Certified Public Accountants of Kenya (ICPAK) against former portfolio manager, Elizabeth Nkukuu.
Similar complaints were filed with the LSK against former head of legal Patricia Wanjama and the Institute of Certified Financial Analysts (ICFA) against Mr Arora.
In July 2020, Cytonn’s Chief Operating Officer Shiv Arora left his position in the group barely five months after the cookie started to crumble.
Just under two months later, he was appointed CEO of another real estate firm, Superior Homes OWNED BY CYTONN.
Cytonn had in 2017 bought a 25 per cent stake in Superior Homes. Mr Arora is a full-time employee of Superior Homes.