Treasury takes over Naivas founder Peter Kago's assets
Customers being served at Naivas Lang'ata outlet in Nairobi on October 2, 2018. Naivas Supermarkets founder’s assets have been taken over by the Treasury. PHOTO | SALATON NJAU | NATION MEDIA GROUP
Mukuha died on May 6, 2010 and was buried at Nakuru’s North Public Cemetery.
Sasini also transferred shares and dividends belong to the Naivas patriarch in 2017.
Naivas Supermarkets founder’s assets have been taken over by the Treasury, putting him on the long list of individuals whose shares in companies listed at the Nairobi bourse have been surrendered to the State.
The Unclaimed Financial Assets Authority (UFAA) said it was holding Sasini and Safaricom shares and dividends belonging to the late Peter Mukuha Kago.
