The Standard Group Plc is a
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The loss of Sh12.5 billion has left Kussco insolvent, placing the savings of 247 Saccos at stake. [File, Standard]
Eight accountants from the Kenya Union of Savings and Credit Co-operatives (Kussco) on Thursday recorded statements with the police at Capitol Hill Police Station amid a probe on fraud at the institution.
According to a detective close to the probe, the Directorate of Criminal Investigations (DCI) had summoned 10 Kussco accountants, but only eight showed up. The investigator said the other two were on leave and off duty, respectively.
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