This archive report was first published on 5 September 2019.
On September 5, 2019, Rachael Wangui Wachira, an employee of the collapsed Good Life Sacco, faced charges in an Eldoret court for her alleged role in a massive fraud scheme.
Wachira was charged with over 40 counts of conspiracy to defraud the sacco's members, as well as operating a financial business without a valid license.
The prosecution alleged that Wachira and her co-accused, Obadiah Maina, had stolen over Sh1 billion in deposits from hundreds of sacco members across the country.
The court heard that the accused committed the alleged offences between 2013 and 2015 in Eldoret.
Prosecutors asked for tougher sanctions against the suspects, citing their history of evading justice after defrauding hundreds of sacco members of their savings.
