KUSCCO Fraud: Exposes Massive Loan Scandal by Former SACCO Executives

Wycliffe Oparanya

In a shocking revelation, Cabinet Secretary for Cooperatives and MSMEs, Wycliffe Oparanya, has unveiled a massive financial KUSCCO Fraud. The forensic audit, conducted by PricewaterhouseCoopers (PwC), uncovered that former top executives of KUSCCO had misappropriated over KSh 13.3 billion, plunging the organization into insolvency with a deficit of KSh 12.5 billion. The KUSCCO Scandal Unfolds … Read more