Britam seeks to deregister former executives from professional bodies

(From left) Elizabeth Nkukuu, Shiv Arora and Patricia Wanjama. PHOTOS | FILE 

By BRIAN WASUNA, bwasuna@ke.nationmedia.com

In Summary

• Britam claims in its complaint that the four former executives had, before resigning, formed a ...competing firm — Cytonn Investments and hijacked clients with multi-billion shilling projects for their new firm.
• It also claims that the four Cytonn directors illegally transferred Sh1.1 billion from Britam’s accounts to real estate firm Acorn Group.