Kenya National Union of Savings and Credit Co-operatives (KUSCCO) has started auctioning houses and land of members who defaulted on mortgages after it was hit by a management scandal. The Sacco umbrella body seeks to cut losses occasioned by years of alleged mismanagement that saw its members lose Ksh 13 billion. Investors and home buyers … Continue reading KUSCCO announces phase 1 auctioning of properties to recover Ksh 13billion lost funds