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Originally published by Kenyanstop
November 29, 2025
6h ago
Govt Orders New Inquiry Into KUSCCO

KUSCCO has come under scrutiny in recent months over allegations of embezzlement of millions in SACCO funds, which resulted in members losing billions of shillings...
✨ Key Highlights
The Kenyan government has launched a new inquiry into the KUSCCO Housing Co-operative Society Limited (KHC) following concerns from members about its management and governance. This investigation will scrutinize the co-operative's operations, financial practices, and the conduct of past and present management committees.
- The inquiry was authorized in a gazette notice under sections 58 and 73 of the Co-operative Societies Act (Cap. 490).
- It will be led by Assistant Commissioner for Co-operative Development Fondo Nzovu and Senior Co-operative Auditor John Kariuki Kinyanjai.
- The inquiry seeks to address historical criticism of governance and financial oversight at KUSCCO, which faced Ksh15 billion financial challenges earlier in the year.
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