Ekeza Sacco that was much publicised during Kiambu political campaigns last year through live TV and radio coverage has been shut down. The sacco is estimated to have signed up 50,000 members who deposited some Sh2.56 billion.
Commissioner of Co-operatives Mary Mungai said compulsory liquidation was necessitated by findings of an investigation that revealed Ekeza had failed to meet its members’ expectations.
