A cooperative society in Kakamega county risks collapse due to non-remittance of members’ funds by their employers amounting to more than Sh62 million. Sukari Sacco in Mumias is unable to service members’ loans promptly. The Mumias Sugar Company failed to remit Sh53 million deducted from the workers who are the sacco members. Defaulter Rishi Hauliers Ltd is reported to be withholding Sh2.2 million, while Sunrise Hauliers Ltd owes the society Sh2 million. We have engaged the government to assist us in recovering the remittance from members’ employers,” Sheunda said at the sacco’s AGM at Booker Academy on Saturday.

Source: The Star April 25, 2017 20:47 UTC