Tower Sacco has revealed a loss of Sh149.5 million in cash deposits held at the embattled Kenya Union of Savings and Credit Cooperatives (KUSCCO). This comes amidst a major financial mismanagement scandal uncovered by a forensic audit at KUSCCO, affecting numerous Kenyan Saccos.

• A PricewaterhouseCoopers (PwC) audit indicated approximately Sh13.3 billion was lost through fraud and mismanagement at KUSCCO.
• Several other SACCOs, including Afya Sacco (Sh361.6 million), Mhasibu Sacco (Sh13 million), and KMA Sacco (Sh525 million), have also written off millions due to the scandal.
• Despite these losses, Tower Sacco's profit after tax increased to Sh1.1 billion in 2025, up from Sh848.9 million in 2024.