@accelriskconsult: All due respect, but I've also worked with Ms Ngige and I found her brilliant and would say she's one of the best financial managers I've ever worked with. You don't get to Senior Audit Manager at Deloitte without having excellent management skills!

@muganda & Mainat: Good insights, but I think Bill has as much to lose as Muthoka. The grapevine has it (not on full authority though) that there is some bad blood between the two stemming from a deal gone sour at GM. So Bill joins CMC and barely 6 months down he has unearthed a fraud? How could the auditors miss a surcharge of 300m per year? Wasn't Ms Ngige managing the CMC portfolio at Deloitte? Many questions unanswered!

Bottomline: The other directors are also seriously failing CMC shareholders by allowing Muthoka to be chairman while he runs Andy Forwarders. I wonder what impact selling all his stake at CMC will have for the business!

This looked like a Marshalls type of situation, but I think if this is Muthoka's stance, Carbacid is more likely. Muthoka is the largest shareholder and seems to be good at networking and he is determined to have a say at CMC.

Be prepared for a long wait. This is beyond CMA.

That EGM will be explosive! FUNKY, kura yako ni ya nani?
Ama kura yako, siri yako. Hehe

Manifesto???

Free lunch and umbrellas at AGM?

That should give you an edge over the rest