Episode 44: Cytonn CEO on the Court's Ruling

In this episode, we host Cytonn Investments’ CEO, Edwin Dande, to discuss the court’s recent liquidation and preservation orders on the CHYS and CPN funds. We also cover real estate project financing and the order of cashflows, what went wrong with their model, and the options available to investors going forward.Subscribe to get notified when we make a new post.Show Notes00:00:00 Introduction00:00:23 Overview of Cytonn’s Current Status00:01:50 Court’s Decision on CHYS and CPN Funds00:05:21 Cytonn’s Response to the Decision00:08:48 Liquidation vs Restructuring00:11:51 Project Financiers and Order of Cashflows00:17:29 What Went Wrong?00:21:19 Inspiration for Cytonn’s Real Estate Projects00:23:03 Message to Investors and Way Forward00:29:23 Closing Thoughts Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe