15 of the 20 companies faced fines amounting to at least half of the assets they failed to remit. CIC Insurance bore the largest penalty of Sh999.6 mi...
The audit highlights how many holders of small amounts are deterred from claiming their funds because they face mandatory expenses such as travel, not...
Public bodies are among the most non-compliant, with about 12,460 institutions identified as holding unclaimed assets. Although some hold detailed con...
Ufaa had set a target of collecting Sh4.5 billion and 300 million shares for the review period, surpassing the goal for shares but falling short of it...
Kenyans have been urged to expedite the claims process by using the provided channels.
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