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Nyaga stockbrokers
Njunge
#1 Posted : Thursday, June 25, 2009 11:27:00 PM
Rank: Elder


Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
SKerians please advise. Anybody who knows when we get paid our cash dues from Nyaga. Got 130K cash still held within Nyaga stock brokers(under recvship) . I Transfered other shares to another stbrker. read in the press that I may be entitled to a refund of only 50k according to CMA rules (I know in depst protection board of CBK max. is 100k for banks that go under). Does anybody know about these rules and maybe when Nyaga victims get their dues.

If you feel you are indispensable put your finger in a glass of water,withdraw it and note the hole u have left
Nothing great was ever achieved without enthusiasm.
Nabwire
#2 Posted : Saturday, October 19, 2013 4:48:01 PM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
Did you ever get your money back?
guru267
#3 Posted : Tuesday, October 22, 2013 10:27:04 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
The law says the maximum payout to swindled investors in Kenya is 50k...
Mark 12:29
Deuteronomy 4:16
Impunity
#4 Posted : Tuesday, October 22, 2013 11:35:46 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Njung'e wrote:
SKerians please advise. Anybody who knows when we get paid our cash dues from Nyaga. Got 130K cash still held within Nyaga stock brokers(under recvship) . I Transfered other shares to another stbrker. read in the press that I may be entitled to a refund of only 50k according to CMA rules (I know in depst protection board of CBK max. is 100k for banks that go under). Does anybody know about these rules and maybe when Nyaga victims get their dues.

If you feel you are indispensable put your finger in a glass of water,withdraw it and note the hole u have left


@Njung'e of them days was a great investor.

Sad
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

shalishali
#5 Posted : Tuesday, October 22, 2013 2:38:24 PM
Rank: Member


Joined: 12/15/2009
Posts: 142
Location: Nairobi
Am in same boat. Got paid only the ksh50,000. Still have 75k in there.
UKITAFUTA UKABILA UTAKUFA BILA!
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