Cooperatives Cabinet Secretary Wycliffe Oparanya affirmed to senators that the liquidation of Moi University Savings and Credit Society (Musco) is still ongoing, with the ministry implementing measures to enhance its integrity and effectiveness. A new framework will engage members and stakeholders, collaborating with various institutions to ensure recommendations are implemented.

• A forensic audit of the MUSCO liquidation account has been requested.
• CS Oparanya stated the ministry will facilitate prompt auditing of the accounts.
• The current cooperative legal framework does not allow for reinstatement of registration for a cooperative society whose registration has been cancelled.