Topic: KUKenya Union of Savings & Credit Co-operatives
Sh1.36 billion KUSCCO loan crisis places 58 SACCOs at serious risk of losing assets
Jul 22, 2025 at 06:22 PM
A total of 58 savings and credit cooperatives across Kenya could soon have their assets seized and auctioned after defaulting on loans worth Sh1.36 billion taken from the Kenya Uni...
Govt halts SACCO registrations for three months in crackdown on rogue operators
May 22, 2025 at 11:10 AM
The government has imposed a three-month freeze on the registration of new Savings and Credit Cooperatives (SACCOs), a move aimed at cleansing the sector of unregulated and dubious...
Dead auditor’s signature exposes Sh12.5 billion KUSCCO gaping financial cover-up
Feb 11, 2025 at 06:16 PM
A forensic audit has ripped the lid off a financial scandal at the Kenya Union of Savings & Credit Co-operatives Ltd (KUSCCO), revealing a staggering Sh12.5 billion hole in its boo...
