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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
In an article published in The Standard on April 8, 2016, and in the Standard Digital edition under the headline ‘Institution owners traced to tax havens’, we reported that Festuca Investments Ltd, a shareholder in Chase Bank (Kenya) Ltd (in receivership), had in 2010 incorporated a company with the same name in Cyprus. We have since established and wish to clarify that the Festuca Investments Ltd referred to in our article is a privately-owned company incorporated in the Isle of Man, and has no affiliation whatsoever with Festuca Investments Ltd incorporated in Cyprus. The error is regretted.
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