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Troubled investment firm Cytonn says it’s exploring various options to raise funds to compensate thousands of aggrieved investors. The company has told Parliament that various litigations have derailed its payment plans with more than 3800 investors. In January the High Court ordered the liquidation of various investment projects owned by Cytonn Real Estate, in an effort to recover more than Sh14 billion the firm owes its investors.
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Cytonn says it’s exploring various options to raise funds to compensate aggrieved investors
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