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Investors called for talks on ailing Cytonn funds
Investors called for talks on ailing Cytonn funds
What you need to know:
- Firm had promised handsome returns but failed to pay up once investments matured.
- Firm alleged that regulatory attacks and bad publicity were the cause of the funds falling into liquidity strain.
Investors in two struggling Cytonn Group investment funds, currently under administration, have been invited for meetings next month to deliberate on the fate of the wealth.