Corporate Fraud
Mhasibu Sacco, a financial entity whose membership is strictly those in the accounting profession, seems to be struggling. Information reaching cnyakundi.com shows that the...
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Mhasibu Sacco, a financial entity whose membership is strictly those in the accounting profession, seems to be struggling. Information reaching cnyakundi.com shows that the...
Late last month, cnyakundi.com reported that Mwalimu National Sacco was having cash flow problems. “Currently, members can’t withdraw their money, that is dividends...
A year ago, on July 13th 2020, we highlighted the case of then unknown Kenya Qatar Diaspora Sacco (KQDS). Cnyakundi.com revealed how its chairman,...
After 9th December 2018, the management of Unaitas Sacco (formerly Muramati) changed following media reports that the Sacco had been hacked and millions carted...
The senior editor of this site has received a complaint from an anonymous member of Shoppers Sacco that is allegedly being defrauded by its...
Clients of Urithi Sacco have written to the government asking for help in what they see as another case of a collapsing outfit that’ll...
Information sent to the chief editor of this site shows that the Kenya Tea Development Authority (KTDA) owned Chai Sacco is facing financial difficulties....
The new Commissioner of Cooperatives is Didacus Ityeng, at least in an acting capacity. Didacus takes over from rogue Commissioner of Cooperatives Ms. Mary...
Three weeks ago we highlighted the story of a man who had puled out of The National Hospital Insurance Fund (NHIF) Savings And Credit...
Media reports says that the Sacco sector in Kenya worth over Kshs. 1 Trillion has been invaded by cartels who have colluded with the...
Over the past few weeks, this site has taken upon itself to expose the rot in the Sacco sector in Kenya. Last week we...
After our expose on how the rogue Urithi Housing Sacco grabs land and sells to unsuspecting buyers who then are left without requisite document...
On Thursday, an article written by Delfhin Mugo and published by the Nation Media Group was massively shared online. The article, title ‘Cooperatives still...
SASRA: Sacco Societies Regulatory Authority (SASRA). SASRA is mandated to regulate and supervise Sacco societies. But they have failed in this mandate and have...
The Sacco sector is facing an acid test that might have negative repercussions on the financial industry and the economy at large. Customer trust...
Following our appeal for information on the Sacco Societies Regulatory Authority (SASRA) management, we’ve received the first batch of information. We asked if anyone...
Dear Kenyans, We’ve seen the country go to the dogs. Every facet of our lives has been affected. Even more shockingly, the social protection...
The National Hospital Insurance Fund (NHIF) Savings And Credit Co-Operative (Sacco), is accused of non payment of shares of a retired member. The refund...
Even as the Ethics and Anti-Corruption Commission (EACC) is set to begin lifestyle audits of top managers of Saccos, it has emerged that the...
Long queues of Kenyans scammed by Ekeza Sacco have formed at the entrance of the Directorate Of Criminal Investigations (DCI). Last week, the DCI...
Following our expose’ yesterday on Urithi Housing Cooperative Society, the society has responded, through their twitter handle. CNYAKUNDI.COM had exposed how the society scams...