NSE advanced discount Sh. 31m Anyanzwa, James

By: Publication details: Nairobi The Standard Group Tuesday, June 16, 2009Description: p.33; The Standard, June 16, 2009Subject(s): Summary: The Nairobi Stocks Exchange (NSE) advanced a rescue package amounting to Sh. 31.4 million to Discount Securities prior to its collapse. It however remains unclear how the money will be recovered after similar treatment to Nyaga Stockbrokers parked public fury when the institution eventually collapsed with Sh. 1.3 billion of investor's funds.
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The Nairobi Stocks Exchange (NSE) advanced a rescue package amounting to Sh. 31.4 million to Discount Securities prior to its collapse. It however remains unclear how the money will be recovered after similar treatment to Nyaga Stockbrokers parked public fury when the institution eventually collapsed with Sh. 1.3 billion of investor's funds.

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