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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.
Cytonn Investments Management is frustrating the court-appointed receiver manager's efforts to liquidate some of the company's prime assets to recover money that the company owes investors.
The receiver manager on Tuesday told MPs the management had not been forthcoming with information about the assets that had been earmarked for sale.
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