State targets telcos used to siphon cash after Ekeza ban

Telcos that facilitated controversial Ekeza Sacco founder Bishop David Ngari aka Gakuyo to access members’ savings via mobile money risk severe penalties from the regulator.

This is after State Department of Co-operatives PS Susan Mochache accused the mobile money operators of interfering with investigations into his activities since March last year when Ekeza accounts were frozen.