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Unclaimed assets could hit Sh35.4b

Unclaimed assets could hit Sh35.4b.

Money held by the Unclaimed Assets Authority (Ufaa) could triple to Sh35.4 billion when it is allowed to sell shares and forex it holds.

Ufaa is holding Sh12.7 billion in cash reserves and an equivalent of Sh22.7 billion in shares, foreign currency and unit trusts.

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