Britam wins as Cytonn bosses fail to halt case

Cytonn CEO Edwin Dande. FILE PHOTO | NMG

What you need to know:

  • Edwin Dande, Elizabeth Nailantei Nkukuu, Patricia Njeri Wanjama and Shiv Arora were seeking to stop their prosecution over alleged irregular sums from Britam-affiliated accounts to rival companies.
  • The four were in 2016 charged with the criminal offence relating to theft by servants for the sum of Sh1.1 billion, which they contested in the High Court.
  • Justice John Mativo Tuesday ruled that the managers have failed to prove that the decision by the Director of public prosecution (DPP) is irrational or illegal or how their rights are infringed, noting that all grounds raised can be dealt by the trial court.

Former British-American Investments Company (Britam) managers Edwin Dande, Elizabeth Nailantei Nkukuu, Patricia Njeri Wanjama and Shiv Arora have lost a bid to stop their prosecution over alleged irregular sums from Britam-affiliated accounts to rival companies.

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