Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi


All Is Not Well At Magereza Sacco


All is not well at the Magereza Sacco as fraud and corruption have become the order of the day, the editor of this site has been tipped.

Magereza Sacco Society was registered in March 1971 and derives its membership from correction institutions including prisons, the juvenile homes and immediate families of the staff of these institutions. The Sacco offers both savings and credit services to the target groups.

According to the reports that this site has received, the directors( that we will name in the subsequent articles) have through CIC insurance, defrauded it over Ksh. 300 Million in loan guard insurance policy.

According to reports, the moribund Ethics and Anti-corruption Commission sleuths got wind of the happenings and took statements from CIC CEO and the concerned directors, however, nothing happened thereafter. Why? Your guess is as good as mine.

There is an existing audit report that has lifted the lid of the fraud and scandal that will shock many Kenyans.

We will give more articles on this scandal






Would you like to get published on this Popular Blog? You can now email Cyprian Nyakundi any breaking news, Exposes, story ideas, human interest articles or interesting videos on: [email protected] Videos and pictures can be sent to +254 710 280 973 on WhatsApp, Signal and Telegram.



Click to comment


You May Also Like


*Editor’s Note: This open letter to Safaricom has been published as received. No redactions have taken place to avoid legal issues pending a court...


This is an intervention for Victoria Rubadiri so as to help her revert back to factory settings. We notice your slow drift away into...


Caption : Edwin Kigen Who was Murdered in Madaraka Estate. We demand for answers from Boinnet ! Another young man may have been brutally assaulted and...


CAPTION: Reformed street-urchins like this lot are dominating the airwaves and being allowed to spread the disease of anti-intellectualism.  As you may have all...

Copyright © 2020 Cyprian Is Nyakundi.