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Karuturi boss laughs off sale of his flower farm, calls the business ‘air’

Karuturi flower farm workers demonstrate in Naivasha over unpaid salaries in October 2014. The company was placed under receivership in February 2014, with its liquidation kicking off last week Friday. [PHOTO: FILE/STANDARD]

Ramakrishna Karuturi has mocked plans to sell off his Naivasha-based flower farm.

This could turn out to be a disappointing anti-climax for creditors, who include CFC Stanbic Bank, which moved to court forcing the receivership of the farm, and which has now led to liquidation.

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