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.
Cooperatives PS Patrick Kilemi (2nd right) with Drumvale Farmers' Cooperative Society Chairman Felix Maingi Nguo (2nd left) Liquidator Peter Wanjohi when they appeared before the Senate Committee on Trade on April 6, 2023. [Elvis Ogina, Standard]
The Ministry of Cooperative Societies was today put to task to explain the circumstances under which it had liquidated and sold assets belonging to Drumvale Cooperative Society Limited that owns 12,000 acres of land in Nairobi and Machakos counties.
Machakos Senator Kavindu Muthama had asked the ministry to explain why the liquidation process had taken so long, which resulted in Sacco members suffering.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.