See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
The Oscars
Volodymyr Zelenskyy
Ukraine War
Academy Awards
Social Media
Artificial Intelligence
Baseball
Donald Trump
Basketball
Tariffs
Athletics
European Union
Published • loading... • Updated

List of SACCOs at Risk of Losing Billions After KUSCCO Heist

Summary by Kenya Times Trending, Breaking News and Videos
Several Savings and Credit Cooperative Organizations (SACCOs) under the Kenya Union of Savings & Credit Co-operatives (KUSCCO) are set to lose billions of Shillings following the illegal withdrawal of billions at the union. An internal audit in November 2024 revealed that KUSCCO had lost at least Ksh12.5 billion due to illegal withdrawals and widespread mismanagement, which has led to several arrests and placed a financial loss on member Saccos.…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All
Left
Center
Right
citizen.digitalcitizen.digital

Major SACCOS to lose billions of members deposts following illegal withdrawals at KUSCCO

SACCOS are set to lose billions of shillings following illegal withdrawals amounting to Ksh. 6 billion at the Kenya Union of Savings and Credit Co-operative (KUSCCO).

Read Full Article
Kenya Times Trending, Breaking News and VideosKenya Times Trending, Breaking News and Videos

List of SACCOs at Risk of Losing Billions After KUSCCO Heist

Several Savings and Credit Cooperative Organizations (SACCOs) under the Kenya Union of Savings & Credit Co-operatives (KUSCCO) are set to lose billions of Shillings following the illegal withdrawal of billions at the union. An internal audit in November 2024 revealed that KUSCCO had lost at least Ksh12.5 billion due to illegal withdrawals and widespread mismanagement, which has led to several arrests and placed a financial loss on member Saccos.…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Kenya Times Trending, Breaking News and Videos broke the news in on Saturday, March 1, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Kenya

Kenya

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
Search
BlindspotLocal