Members could no longer access bank loans since they had been blacklisted for non-payment of loans. Pension schemes were owed Sh400 million as at January this year, while savings and credit cooperative societies were owed Sh150 million. The Communication Workers Union wants Kenya Broadcasting Corporation and the Postal Corporation of Kenya to remit more than Sh500 million deducted from workers’ salaries over the past seven months. ACCESS BANK LOANSMembers could no longer access bank loans since they had been blacklisted for non-payment of loans while saccos were not paying dividends to members, he added. Mr Okwaro said the more than 3,000 members from the two corporations had suffered financial embarrassment since November last year.

Source: Daily Nation June 12, 2017 20:26 UTC