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Kenya: Bank dismisses brokers" claims on Safaricom IPO
[Daily Nation: 2010-03-13]
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Citibank on Friday denied claims by a brokers" lobby that final reconciliation for the 2008 Safaricom IPO accounts is yet to be done. The bank, which headed a consortium of receiving financial institutions, said the process was completed in February last year, when the last stockbroker signed the certification form.The consortium included Equity Bank, National Bank and Post Bank.According to the bank"s chief executive officer Ade Ayeyemi, all the selling agents signed agreements ex. . . |
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