Nation | by Gerald Andae
Kenya has formed the Sacco Fraud Investigation Unit to police the sector that has been marred by fraudulent deals and embezzlement.
Agriculture Cabinet secretary Peter Munya said the unit, which is under Sacco Societies Regulatory Authority (Sasra), has so far finalised an investigation, instigated arrest and prosecution of a case where Sh1.3 million that had been embezzled was recovered.
The President in 2019 directed State Department of Cooperative, which is under CS Munya, to form an investigative fraud unit to check a sector…
