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Originally published by Capital Businessbusiness
September 2, 2025
3d ago
Metropolitan Sacco okays forensic audit as Sh15bn loan gap emerges

NAIROBI, Kenya, Sep 2 – Metropolitan National Sacco Society has approved a forensic audit after revelations of an untraceable loan book asset worth Sh15 Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Metropolitan National Sacco Society has approved a forensic audit after a Sh15 billion loan book asset was revealed to be untraceable, alongside a negative equity position. This decision, aimed at addressing concerns about the Sacco's financial stability, was made during their 47th Annual General Meeting (AGM).
- Most important fact or figure from the article: A Sh15 billion untraceable loan book asset and a negative equity of Sh12.3 billion.
- Key person or organization involved: Metropolitan National Sacco Society.
- Notable detail that adds context: They achieved profitability in 2023 for the first time in over a decade through cost-cutting, but still face challenges from insufficient liquidity and loan defaults.
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