KUSCCO Stories
CS Oparanya directed that all cooperative societies, including unions, national cooperative organisations, and apex cooperatives, must file their annu...
Oparanya announced that registration of new saccos will be paused for three months to allow a newly constituted committee of experts to undertake a re...
The highest loan was held by former Kuscco managing director George Ototo at Sh103.11 million. Former finance manager George Owino had borrowed Sh17.9...
In a statement issued on Wednesday, Oparanya said the experts would be responsible for reviewing the legislation and proposing amendments to enhance t...
The audit revealed that Sh13.3 billion had been lost, leaving KUSCCO insolvent by Sh12.5 billion
Oparanya said the audit also seeks to bring corrupt officials to justice, noting that several Saccos across the country were in financial distress, a...
The five officials were arrested last Thursday in connection with a major financial scandal at KUSCCO, a key institution for savings and credit cooper...
The arrests follow the receipt of a forensic audit report by Inspector General of Police Douglas Kanja from Cooperatives Cabinet Secretary Wycliffe Op...
The forensic audit conducted by PricewaterhouseCoopers highlighted non-performing loans and large-scale theft that have left the institution on the br...
