Munga defends Sh7.1bn Mauritius, Britam share deal

Mr Peter Munga. FILE PHOTO | NMG

Businessman Peter Munga is challenging the findings of a Mauritian commission of inquiry whose report said he bought 452.5 million shares of Britam Holdings #ticker:BRIT in a deal that left the island nation with a Sh3.9 billion loss.

Mr Munga said the transaction was a willing-seller-willing-buyer deal and disowned reports indicating he would pay an extra Sh3.9 billion.

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