Gov’t Opens Probe into Kenya Qatar Diaspora Sacco over alleged Mishandling of Members’ Deposits
The government has placed Kenya Qatar Diaspora Sacco Society under scrutiny following allegations of mismanagement of members’ funds.
In a Gazette notice on Friday, acting commissioner for Co-operative Development Geoffrey Njang'ombe said a probe into the allegations had been launched and a report will be filed with his office in two weeks.
The society has offices in Nairobi and Qatar and mainly targets Kenyan immigrants working and living in the Gulf state.
The Sacco was founded by automotive engineer and churchman Habakuk Wamududa (chairman), Pastor Emmanuel Mbadi (vice-chairman), and engineer Boniface Mbugua (treasurer). The society is expected to provide books for audit.
“I authorize the assistant director of co-operative audit Nelson Nyaga and principal co-operative officer Fenn Nzovu, both from Nairobi to hold an inquiry into operations of the Kenya Qatar Diaspora Sacco Society within fifteen days,” read the notice.
Comments (4)
Two church guys to attract the gullible and two engineers to cook the books.
None with experience to run a Sacco.
Kama ilivyo kawaida, Wakenya wengine hapa. Wanachora mchoro wa kuchora ukachoreka bila tatizo. Tazama wahusika. Habakuk na Mbugua, ambao wameelemika kikamilifu, wana ndoto ya kufana. Lakini wanakielewa kitu kimoja bila taabiko: mpango wao huwezi kufaalu bila kumhusisha mchunguji wa kondoo ambaye udomo kaya wake utaleta nuksi za kuaminika. Hapo ndipo mchungaji Mbadi anapokujia.
Bwana Habakuk na mwenziye Mbugua wanafahamu kitu kimoja. Kwamba miaka mitano baada ya kupokea fedha za Wakenya hao, watakuwa na wakati wa kutosha kujivinjari na kuwekeza fedha katika miradi ya kibinafsi.
Kumbuka waliotumia mbinu hizo kama vile Gakuyo, Urithi na sasa hivi Optiven. Kama unatazamia kula mali ya bwerere kama walaghai hawa, jifunze namna ya kuchora michoro ilinganayo na mbwembwe za buibui na utafaulu. Kwa mimi na "Mlachake," tutaendelea kufyoka na kudodokwa na jasho tukitegemea chetu kilicho cha jasho.
Ulisahau mchoro was Kuchovya ya wenyewe.
KDS...Kenya Diaspora Sacco, USA... lifestyle audit of the officials will tell you that sacco officials, when they 'look out for "your investments"', they invest for themselves first by getting the cream of those 'deals'.....their lives change forever, while you and me borrow a few millions that we pay through the nose and yet the deal never ends being as good as what they end up with. Officials eat their cake by milking the members...and throwing them some crumbs