Tearful investment as police disperse Ekeza sacco members : The Standard - News Summed Up

Tearful investment as police disperse Ekeza sacco members : The Standard


Police use teargas to disperse Ekeza sacco membersIndustrialisation Cabinet Secretary Peter MunyaMembers of Ekeza Sacco on Monday took to the streets paralyzing transport and business along the busy Kiambu Road.The angry members camped at the Directorate of Criminal Investigations headquarters to record statements over claims of savings misappropriation by the Ekeza Sacco management. Detectives investigating fraud claims against Ekeza Sacco and Gakuyo Real Estate associated with controversial Bishop David Ngari Gakuyo had on Wednesday invited contributors to the two schemes to record statements today (Monday). Of the Sh1.5 billion, Sh507 million was loaned to some Ekeza Sacco members who wanted to own homes under Chosen Green City, a housing project in Kabati, Murang’a County. “So we can say the money Gakuyo owes members is about Sh1 billion. He said part of the money Gakuyo transferred to his account illegally was used to pay lawyers to oversee the purchase of land and houses by the Sacco.


Source: Standard Digital March 18, 2019 10:04 UTC



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