Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App
×
The Standard Group PLC 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.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: corporate@standardmedia.co.ke

Why State wants union characterised by gross mismanagement liquidated

Cooperatives CS Wycliffe Oparanya during the inauguration of the new KUSCCO board on May 12, 2025. [Wilberforce Okwiri, Standard]

The government has officially gazetted the bankruptcy of the 53-year-old Kenya Union of Savings and Credit Co-operative Limited (KUSCCO) days after it resolved to have the union liquidated.

This follows failure to revive it after continued gross mismanagement of assets and members' savings by the top echelons of the union.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902