Government auditors investigating the troubled Ekeza Savings and Credit Cooperative Society revealed that more than Sh1 billion of investors’ money had been illegally withdrawn from the Sacco and used by Mr Ngare on personal expenses. The investigators pointed out that Mr Ngare managed the Sacco as a personal outfit. Through sustained media campaigns, the Sacco attracted huge membership across Nairobi and its environs. One more reason for their disappointment is that Mr Ngare walked out of the meeting before it ended. The beleaguered Sacco members began streaming at Kasarani Stadium as early 6am.

Source: Daily Nation February 23, 2019 09:11 UTC