Judge suspends liquidation of troubled Kuscco

Kenya Union of Savings and Credit Co-operatives (Kuscco) centre in Nairobi.

Photo credit: File | Nation Media Group

The High Court has suspended a gazette notice by the Commissioner for Co-operative Development, which appointed three officials to liquidate the troubled Kenya Union of Savings and Credit Co-operatives (Kuscco).

This follows a petition by a Ruiru-based sacco for the State-appointed officers to be dropped and replaced by an independent insolvency practitioner.

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Note: The results are not exact but very close to the actual.