We are in the dark, Police Sacco founders question sale of prime properties

When the Chairman of Ruaraka Housing Estate Albert Waweru spoke to Standard at his Offices in Nairobi. [Samson Wire, Standard]

There is a tough and risky job. As a result, the wish of every serving police officer is to enjoy a peaceful retirement life.

No wonder, when the idea of forming a Savings and Credit Cooperative Society (Sacco) was mooted in 1972, most of them readily embraced it.

And for the next nine years, committed members of National Police Sacco contributed their savings enabling the entity to become financially stable and acquire 20.4 acres of land behind Safari Park Hotel in Nairobi for Sh4.1 million.