Since our inception, The Kenyan Wallstreet has strived to provide reputable up and up to date information in the capital markets in Kenya and Africa at large.
We have since grown in leaps and bounds to a team of professionals who cover various companies and institutions and reported our stories without favour or prejudice.
However, we have recently received the following court order demanding that we delete some of the stories we have posted on this website that relates to Cytonn Investments.
In compliance with the above court order, we have since deleted the stories mentioned in the order to avoid any of our staff feeling threatened and unable to do their job.
The following stories are no longer available on our website;
https://kws.rtatu.com/cma-raises-red-flag-over-ksh-122-8-million-unpaid-claims-at-cytonn/
https://kws.rtatu.com/investment-firm-cytonn-in-yet-another-ugly-spat-with-regulator/
https://kws.rtatu.com/client-sues-cytonn-for-unpaid-claims/
https://kws.rtatu.com/cytonn-hit-by-fresh-claims-amounting-to-ksh-55-5-million
It is worth noting that the stories that the company through the court order has asked us to pull down were based on publicly available court documents and have been reported by other media houses as well and some remain available to the public to read. Here are some examples:
Business Daily;
Daily Nation;
https://nation.africa/kenya/business/investors-report-cytonn-cma-sh122m-default-2371796
https://nation.africa/kenya/business/investor-asks-court-to-liquidate-cytonn-over-sh14m-debt-3224664
https://nation.africa/kenya/business/cytonn-s-glass-house-cracks-2463786
Standard Media;
Citizen TV
The Star Newspaper;
https://www.the-star.co.ke/news/2020-12-17-lawyer-wants-cytonn-cma-probed-over-sh44million-fraud/
https://www.the-star.co.ke/news/2021-02-23-investors-sue-cytonn-demand-sh467-million-refund/
https://www.the-star.co.ke/business/kenya/2020-09-30-cytonn-cma-and-investor-embroiled-in-court-war/
https://www.pd.co.ke/business/regulator-cytonn-battle-over-investors-escalates-53221/
To that effect, we would like to issue an apology to Cytonn Management Limited in order to comply with the above court order.
We will continue to advise our readers and the general public that before they make any investment decision, they should first do their own proper due diligence, even in good faith situations.
The Kenyan Wallstreet team will continue to grow and deliver well researched and in-depth content while adhering to our internal editorial guidelines.