Four officials linked to the financial mismanagement scandal at the Kenya Union of Savings and Credit Cooperatives (KUSCCO) will remain in custody as they await a ruling on their bail terms on Tuesday, February 18, 2025.
The suspects were arrested by detectives from the Directorate of Criminal Investigations (DCI) as part of an ongoing probe into the alleged misappropriation of billions of shillings.
The accused, George Magutu Mwangi, Mercy Muthoni Njeru, George Ochola Owino and Jackline Pauline Atieno Omolo, have already been arraigned at the Milimani Law Courts.
They face multiple charges, including Conspiracy to Defraud (contrary to Section 317 of the Penal Code), Stealing by Directors or Officers of Companies (contrary to Section 282 of the Penal Code) and Making a False Document (contrary to Section 347(a), as read with Section 349 of the Penal Code).
Meanwhile, the court has issued summons for former KUSCCO Managing Director George Otieno Ototo, requiring him to appear for plea taking on the same day his co-accused await the bond ruling.
DCI detectives have vowed to leave no stone unturned as they pursue all individuals involved in the financial mismanagement at KUSCCO.
Investigations remain ongoing to ensure accountability and justice for the affected cooperative members.
