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Originally published by Capital Businessbusiness
November 30, 2025
7h ago
Govt orders probe into KUSCCO Housing over alleged looting

NAIROBI, Kenya, Nov 30 - The government has launched a formal inquiry into KUSCCO Housing Co-operative Society Limited following member complaints Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Kenyan government has ordered a formal probe into the KUSCCO Housing Co-operative Society Limited following complaints that it was used to siphon savings from affiliated SACCOs. The inquiry, mandated by a Gazette notice dated October 28, 2025, will scrutinize the society's operations and the conduct of its officials.
- Most important fact or figure: The inquiry was launched due to allegations of the society being used to siphon savings from affiliated SACCOs.
- Key person or organization involved: Commissioner for Co-operative Development David K. Obonyo issued the order, and the investigation team includes Assistant Commissioner for Co-operative Development Fondo Nzovu and Senior Co-operative Auditor John Kariuki Kinyanjui.
- Notable detail that adds context: The probe is based on sections 58 and 73 of the Co-operative Societies Act (Cap. 490) and will investigate alleged mismanagement and significant financial losses.
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