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Originally published by Nation Newstop
May 26, 2026
7h ago
16 Metropolitan Sacco officials charged with Sh14.5b fraud

The magistrate issued summonses for three other officials who failed to appear in court...
✨ Key Highlights
Sixteen officials of Metropolitan National Sacco have denied defrauding members of the society a staggering Sh14.497 billion. They appeared in a Nairobi court on June 22, 2026, facing a total of nine charges.
- Amount defrauded: Sh14.497 billion
- Key organization: Metropolitan National Sacco
- Context: The officials, many of whom are retired teachers, were released on a bond of Sh200,000, with the magistrate noting their age and health status.
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