PREMIUM Metropolitan Sacco at risk of winding up on fresh inquiry Members face mounting pressure as withdrawals strain sacco liquidity. Business 7 min ago
The government is considering winding up Metropolitan Sacco after a fresh inquiry found little improvement in the institution’s financial health over the past three years.
PREMIUM Ex-officials of troubled Metropolitan Sacco fail to block probe Officials wanted the court to quash the inquiry order that recommended dissolution of sacco management.
The government ordered the fresh inquiry in June to establish the sacco’s financial position amid legal battles involving former officials who have been charged over alleged fraud at the institution.
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