Paul Kimani keep up the good work. I have also gained from an individual's relentless pursuit on an issue here on Wazua. I only wish I had listened to them earlier I would have saved myself some losses, nevertheless, I managed to get out with something, unlike others who continue to hold on to worthless stock to date.

Thank you. This is just the beginning of a domino effect. A small claim when Cytonn have embezzled billions robbing innocent public of their savings.

We must not let the FOUR that began it get away with it, no matter what they are doing now.

1. EDWIN DANDE
2. PATRICIA WANJAMA
3. SHIV ARORA
4. ELIZABETH NKUKU

It's getting ugly ... Very fast.

Its very sad to see people celebrating the downfall of Cytonn, Dande and Co. I say unto you that those are people who don't know how capitalism works. An investment Advisor/ Manager like Cytonn is an agent. The Agency makes money whether the Principal (Investor) makes money or loses money, as long as there is money in the portfolio. Dande is like a Bank CEO. He receives a salary whether the bank is profitable or not. If the bank fails, he will simply move to the next employer and leave the savers to lick their wounds.

Those celebrating the downfall of Cytonn are essentially celebrating the losses of investors. On the other hand, investors rushing to get out will cause a run on the fund leading to a sure collapse. Investors are best advised to be patient and ride out the hard times occasioned by Covid19.

Anyway Here is the clarification by Cytonn.

There are some naive people genuinely caught up in this unfortunate mess. However, many think they are the smart, intrepid investor who will snatch the meal right off the lion's maw. Many knew exactly what kind of animal Cytonn is and put in vast amounts anyway, gambling that by the time the whole thing collapses, they will be long gone, fat profits in tow -and it will be other suckers who will have their balls caught in the revolving door.
Tricksters rely on this kind of hubris time and again and it rarely fails.