Connect with us

Hi, what are you looking for?

Cyprian Is Nyakundi


KENCOM Sacco Struggling After Plunder

The KENCOM Sacco is struggling due to plunder and insider fraud that has seen the Sacco find it hard to meet its financial obligations, can confirm.

Four months ago, we revealed that that trouble started brewing at the Kencom Sacco after internal audit queries were raised over Sh43million contract to construct an access road for Sacco’s housing project in Runda.

Insiders had told us that the one-kilometre tender was initially projected at a cost Sh17million but was later inflated almost triple of the initial allocation.

This among others, reveal the fraud at KENCOM that SASRA has refused to investigate.

Now, we can confirm that KENCOM members haven’t received loans since January. According to some of them that we spoke to, their financial needs are not met at all by the Sacco.

Some members have lamented that it takes up to 6 months for loan applications to go through, and that is if one is very lucky.

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


A Bolt Taxi driver captured three ladies throwing expletives and stones towards him. In a video that has gone viral online, the driver who...


A taxi driver in Nairobi became social media’s trending topic on Monday, 13 September, 2021, following the emerge of an appalling video which captured...


Drama ensued at a local school in Embu County on Thursday after a grudge-bearing learner went for a rather unconventional means of revenge when...


In September 2016, highlighted a story of one Sahan Africa Limited which operates as Sahan Research and Sahan Foundation. The chilling email sent...

Copyright © 2021 Cyprian Is Nyakundi.

%d bloggers like this: