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The Standard e-Paper
Kenya’s Boldest Voice
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.
Investments worth billions of shillings remain unclaimed after their owners passed on without disclosing what they owned to family members or writing a will.
National Treasury Cabinet Secretary Henry Rotich recently accused several institutions of withholding assets of deceased investors. The latest survey by the Unclaimed Property Asset Register found that banks and insurance companies are the major holders of idle funds, estimated at Sh200 billion.
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