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Debt Laden: Will Kenya Qatar Diaspora Sacco Limited Survive These Huge Debts?

Debt Laden: Will Kenya Qatar Diaspora Sacco Limited Survive These Huge Debts?

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Nyakundi Report

Newsroom Updated 2 min read

Story · Debt Laden: Will Kenya Qatar Diaspora Sacco Limited Survive These Huge Debts?

Con pastor Habbakuk Wamududa holding the mic

This site exposed the Kenya Qatar Diaspora Sacco Limited case of looting, arrogance and mismanagement.

Led by the arrogant and inglorious con pastor Habakkuk Wamududa as the chairman, the Sacco is reeling under the heavy weight of debts incurred due to greed, and mismanagement.

Attached at the end of this articles is a document and some write-up showing the Sacco is going down with clients money.

This site has exposed how one can deposit money, let's say Kshs,. 200,000 this hour and then another person asking for a loan of even Kshs. 100,000, the next hour cannot be given, because there's no money.

Wamududa and company have really fucked up the lives of many innocent and brave youths who chose to work abroad because of the bad economic decisions in Kenya.

The management of KQDS must face the music.

Directorate of Criminal Investigations (DCI) must investigate, where has the money gone?

If Wamududa could fund an politician's campaign, he must also be involved in other not so great business where he lost the Sacco's money.

It is evident that the monies getting into the Sacco's bank account henceforth are used to service loans.

ALSO READ THESE: EXPOSÉ: Kenya Qatar Diaspora Sacco Limited Looted By Arrogant And Corrupt Management Kenya Qatar Diaspora Sacco Limited Exposed Further Rogue Kenya Qatar Diaspora Sacco Management Now Threatens Blogger Cyprian Nyakundi Next article will further expose the looting and mismanagement at KQDS.

Please see below document on the dire debt situation. Document The KQDS is indebted to a tune of Kshs, 27 million which is dire for a 3000 member sacco in a volatile and competitive market

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