Kuscco ex-officials face arrest, asset seizures

Top executives of Kenya Union of Savings and Credit Co-operatives (Kuscco) face arrest and asset seizure.

Photo credit: File | Nation

Top executives of Kenya Union of Savings and Credit Co-operatives (Kuscco) face arrest and asset seizure for cooking of financial statements and theft that put some Sh13.3 billion belonging to depositors at risk.

Cabinet Secretary for Co-operatives and Micro, Small and Medium Enterprises Wycliffe Oparanya on Tuesday handed the 208-page forensic audit report by PricewaterhouseCoopers (PwC) to the Inspector-General of Police, Douglas Kanja, for investigation and possible prosecution of those culpable.

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