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How Munga got Sh135m for Britam shares he didn’t own
Summary
The tycoon inked a secret deal with top officials of Mauritius government giving up the rights to earn dividends on the shares before Mr Munga acquired the stock.
The insurance firm declared a dividend of Sh0.3 per share for the year ended December 2015.
The book closure date the day when the company’s share registrar determined who would be eligible for the dividends was June 9, 2016.
Thursday August 05 2021
By VICTOR JUMA
Summary
The tycoon inked a secret deal with top officials of Mauritius government giving up the rights to earn dividends on the shares before Mr Munga acquired the stock.