Moi University Savings and Credit Society (MUSCO) - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

End of an Era: Moi University Sacco placed under liquidation

Sacco ReviewSeptember 30, 202502 mins

Moi University Savings and Credit Society (MUSCO) has been placed under liquidation, with two officials appointed to oversee the process. The two officials to oversee the process are, Kennedy A. Emali, Nairobi Principal Cooperative Auditor, and Druscillah Jebet Cherogony, Uasin Gishu Principal Cooperative Officer who will serve as joint liquidators tasked with managing assets, raising…

State upholds liquidation of Moi University Sacco, cites legal constraints

Sacco ReviewAugust 7, 202503 mins

The government has confirmed that the liquidation of the Moi University Savings and Credit Society (MUSCO) will proceed, despite protests and lobbying efforts by its members and local leaders. This decision, announced by Cooperative and MSME Development Cabinet Secretary Wycliffe Oparanya, follows a legal assessment that found no grounds for reversing the Sacco’s cancellation. Appearing…