RUPSA Sacco Pushes for KUSCCO Insolvency over KSh17.7 billion liabilities
RUPSA Sacco has petitioned the High Court to place the Kenya Union of Savings and Credit Co-operatives (KUSCCO) under insolvency proceedings, citing severe financial distress that it says meets the threshold under the Insolvency Act. The matter is before the High Court’s Commercial and Tax Division, where RUPSA has asked judges to dismiss KUSCCO’s preliminary…
