Pondi summarised the issue. The rest is just windbag & really pathetic.
EA Cables was a merali concern when TC bought it. It competes with wahindi cable suppliers for KPLC's custom. KPLC was well handled by Njung'e aka Johnstone Mbai.
Stock manipulation yes it happens,so lets note bury our heads in the sand about it. But. For every EA Cables,I can give you BBK,EABL,CFC (remember Ksh900 2yrs ago?); City Trust; A Baumann and ofcourse around another 4 in the last 6 months. Its what brokers do. It in any case why would they manipulate a stock they were not selling? The bought 70%,they still hold 70%.If it was for leveraged borrowing,well its up to the lender to spot that...
So if he is a thief by association,the so is RAO.
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