The great rip-off that rocked NSE :

The great rip-off that rocked NSE : special report The Standard Group - Nairobi The Standard Group Wednesday, February 11, 2009 - p.6-8; The Standard, Februrary 11, 2009

Kenyan's who invested in the stock market through Nyaga Stock B rockers could lose up to Sh. 1.3 billion, a forensic audit shows.

Questions raised over role of Capital Markets Authority (CMA) as report shows it watched on the sidelines and sometimes became a player in loss of investor's funds.

Under current legal framework, investors will be compensated only a maximum of Sh. 50,000.

A special report on the depth of rot at the Kenyan stock market.


Capital Markets Authority (CMA)
Nairobi Stock Exchange (NSE)
Nyaga Stock Brockers

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