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KUSSCO sues top executive over Sh1.6 billion unaccounted funds

Julius Odera. (Courtesy)

Sacco's umbrella body has sued its housing unit chief executive officer, Julius Odera, seeking to compel him to pay Sh1.6 billion that allegedly cannot be accounted for.

In a case filed by lawyer Cecil Miller, Kenya Union of Savings And Credit Co-operatives Ltd (KUSSCO) alleged that Odera, who was heading its Kenya Union of Savings and Credit Co-operatives Ltd Housing Cooperative (KHC), is solely to blame for the money lost in the unit.

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