Tribunal says that Kussco is obligated to honour its investment contract with Mhasibu Sacco despite its financial challenges.
By
Sam Kiplagat
Court Reporter
Nation Media Group
A tribunal has ordered the troubled Kenya Union of Savings and Credit Co-operatives (Kuscco) to refund a matured Sh489 million investment by Mhasibu Sacco Society Limited, piling pressure on the umbrella organisation facing widespread debt claims.
Cooperatives umbrella organisation suffered a Sh13.3 billion fraud that was disclosed in 2025.
Metropolitan Sacco is facing a deepening cash crunch as member exits and tribunal orders accelerate pressure on its already…
The court added that KCB's internal process of escalating the complaint from its headquarters to the branch "resulted in a delay…
Kuscco joins the Kenya Bankers Association and Kenya Private Sector Alliance (Kepsa) in campaigning against the proposal.
Court rules that the miller's lending model trapped a coffee cooperative in a cycle of debt.
The prosecution of Metropolitan’s former officials mirrors the action taken against ex-officials of Kuscco after a forensic audit…
