Cooperatives PS-Patrick Kilemi speaking during the 1st Regulatory Policy and Legal Roundtables for NWDT SACCOs-Photo|Courtesy
PS Kilemi warns SACCOS against risky investments outside regulatory framework
Cooperatives Principal Secretary (PS) Patrick Kilemi has warned Savings and Credit Cooperative Organizations (SACCOs) against venturing into unregulated investments, urging stronger governance structures and tighter internal controls to protect member funds. Speaking at the 1st Regulatory Policy and Legal Roundtables for NWDT SACCOs, PS Kilemi said the growing appetite for investments outside the regulatory framework…
