The Online Kenyan Logo

The Online Kenyan

C
Originally published by Capital Business
📰 Read Full Article
business
April 8, 2026
2h ago

KUSCCO faces insolvency petition over debts after Sh17bn scandal

KUSCCO faces insolvency petition over debts after Sh17bn scandal

A petition filed at the High Court’s Commercial and Tax Division on March 17 seeks the compulsory winding-up of the umbrella body, citing its failure to settle debts amounting to Sh108.8 million within the required timeframe. Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya Union of Savings and Credit Co-operatives Limited (KUSCCO) is facing a compulsory winding-up petition due to unpaid debts totaling Sh108.8 million.

  • KUSCCO, the umbrella body for SACCOs, is involved.
  • The petition was filed at the High Court on March 17.
  • This follows a Sh17 billion financial scandal that previously rocked the organization.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article
Advertisement

Related News

Judiciary to Roll Out Mobile Truck Court
top20h ago

Judiciary to Roll Out Mobile Truck Court

Kenya's Judiciary is launching innovative mobile truck courts to extend judicial services to remote and underserved areas, aiming to significantly improve access to justice.

K
Kenyans
📰 Read Full Story
Deputy president urges lift of NTSA fines suspension
Video

Deputy president urges lift of NTSA fines suspension

C
Citizen TV (Youtube)
23h ago
Deputy President Kindiki urges judiciary to lift injunction on instant fines
Video

Deputy President Kindiki urges judiciary to lift injunction on instant fines

T
The Star (Youtube)
1d ago
Kindiki Calls for Judiciary Support to Reinstate Speed Camera Fines
top1d ago

Kindiki Calls for Judiciary Support to Reinstate Speed Camera Fines

Deputy President Kithure Kindiki has urged the Judiciary to lift court orders suspending the National Transport and Safety Authority's (NTSA) speed camera and instant fine system, citing the need to curb deadly road carnages.

C
Capital News
📰 Read Full Story
DP Kindiki asks Judiciary to lift injunction against use of speed cameras and instant traffic fines
Video

DP Kindiki asks Judiciary to lift injunction against use of speed cameras and instant traffic fines

C
Citizen TV (Youtube)
1d ago
Kindiki Hints at Return of NTSA's Instant Fines System
top1d ago

Kindiki Hints at Return of NTSA's Instant Fines System

Deputy President Kithure Kindiki has urged the Judiciary to lift court orders that suspended the National Transport and Safety Authority's (NTSA) instant fines system, advocating for its swift reinstatement to enhance road safety.

K
Kenyans
📰 Read Full Story
Advertisement