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Peter Munga assets set for auction in new debt row businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
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. ....