The Kenyan government is considering winding up Metropolitan Sacco following a recent inquiry that revealed little improvement in the institution’s financial health over the past three years.

• The Sacco closed in 2024 with Sh7.41 billion in deposits and a Sh17.2 billion loan book, of which 98.99 per cent was in default.
• Key individuals involved include Commissioner for Co-operatives David Obonyo.
• The Sacco is facing pressure from members seeking to withdraw their savings, with the Co-operative Tribunal ordering refunds, exacerbating liquidity issues.