Kenya : Pyramid scheme victims in tears after case deferred - News Summed Up

Kenya : Pyramid scheme victims in tears after case deferred


This is after a lawyer who took up the case sought more time to familiarise himself with it. Good Life Sacco, under the management of Obadiah Macharia, went under last year in August 2015, leaving over 10,000 of its members in limbo after it failed to refund their money. A victim, Lucy Kinywa, broke down in tears in court after learning that the case could not proceed. She informed Principal Magistrate Charles Obulutsa of her tribulations, saying the postponement of the case was worsening her situation. The victims had moved to court seeking orders to have Mr Macharia arrested, his companies and investments seized in order to recover their cash.


Source: Standard Digital October 27, 2016 17:51 UTC



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