Ufaa said it had in custody 446 million shares worth Sh23.5 billion compared to 317 million shares reported at the end of September last year. It will help Ufaa fast-track transfer of stocks to beneficiaries once they certify the claimant is the owner of the select securities. Others are dormant account balances, unclaimed repositories held by banks and Saccos as well as unit trusts, dividends and matured insurance policies. Security agents at the Nairobi bourse have also surrendered securities worth billions of shillings. Ufaa said it would continue sensitising Kenyans via radio and TV programmes as well as countrywide exhibitions on the availability of funds.

Source: Daily Nation February 05, 2018 07:18 UTC