Metropolitan Sacco declared insolvent; members lose billions in savings

 Troubled Metropolitan Sacco has been declared insolvent. This was announced by the Commissioner for Co-operatives David Obonyo who said that the Sacco would require Sh7 billion to resume normal operations. “Metropolitan Sacco is technically insolvent and that is a fact. The little amount that we were able to spot and outrightly felt was mismanaged was
Metropolitan Sacco declared insolvent; members lose billions in savings first appeared on Bizna Kenya Read More