247 Saccos ordered to cut dividends over multi-billion Kuscco fraud

 247 Saccos have been directed to cut their dividends over expected losses emanating from the multi-billion fraud that hit the Kenya Union of Savings & Credit Co-operatives (Kuscco).  In addition to cutting dividends, the Saccos have also been directed to write off or set aside funds to cover the expected heavy losses. This directive has
247 Saccos ordered to cut dividends over multi-billion Kuscco fraud first appeared on Bizna Kenya Read More