CMA boss grilled, MPs call for probe into billions lost at company
BUSINESS
Wyckliffe Shamiah, the CEO of CMA. [Courtesy]
The National Assembly is set to form an inquiry into Cytonn and other entities where investors have lost billions of shillings.
This is as MPs yesterday turned the heat on the Capital Markets Authority (CMA) accusing it of failing to protect investors in Cytonn, Imperial, and Chase bank bonds among others.
National Assembly Finance and National Planning Committee Chairperson Gladys Wanga lamented that Kenyans had been left on their own with the regulator appearing helpless and shifting blame.
“You just came to tell us it has nothing to do with you,” said Wanga.
Skupština o finansijskoj podršci porodici sa decom
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