Interior Cabinet Secretary Fred Matiang'i vowed to investigate officials accused of misusing Sacco funds during a 2019 speech to Police Sacco delegates in Nairobi.
The CS emphasized strict enforcement against financial misconduct, specifically targeting the Ekeza Savings and Credit Cooperative Society amid allegations of mismanagement. "We will pursue individuals who exploit Sacco resources, including those linked to the Ekeza Cooperative," Matiang'i stated.
His remarks followed reports of the Ekeza Cooperative nearing collapse, with members demanding repayment of deposits. The government also announced housing project allocations for police personnel and encouraged Sacco-led financial literacy initiatives.
The crisis at Ekeza mirrored broader concerns about accountability in Kenya's cooperative sector during 2019.
