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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Sacco Societies Regulatory Authority (SASRA) has said that savings and credit cooperatives (Saccos) affected by the Kenya Union of Savings and Credit Co-operatives (KUSCCO) scandal will not recover all their lost funds.
This comes months after the Ministry of Cooperatives disbanded KUSCCO's board following an audit that uncovered widespread financial mismanagement, including falsification of records.
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