This report about KUSCCO is alarming.

This highlights the need for strong internal controls and oversight within Saccos. It’s important for members to be aware of how their money is being managed and to hold Saccos accountable.

Important questions we need to ask the ministry concerned: 1. What steps will be taken to recover the missing funds? 2. What is being done to prevent similar fraud from happening in the future? 3. How can members better monitor their sacco’s financial performance?