By Richard Munguti
Correspondent
Nation Media Group
Sixteen officials of Metropolitan National Sacco have denied defrauding members of the society Sh14.497 billion.
Appearing before a Nairobi court, the officials denied a total of nine counts, including conspiracy to defraud contrary to Sections 317 of the Penal Code, investing funds in a none-core business, failure to report proper accounts, failure to maintain accurate accounts, failure to maintain 15 percent of its savings deposits and short term liabilities.
