Sacco liquidation - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

Two Saccos under liquidation as creditors get 60 days to claim

Sacco ReviewOctober 14, 2026October 14, 202604 mins

Two co-operative societies have been placed under liquidation in a move affecting creditors and members. Creditors have been given 60 days to submit outstanding claims and supporting documents. The appointed liquidator is expected to complete the winding-up process within one year, subject to verification of claims and assets. Two cooperative societies have been placed under…

Metropolitan Sacco liquidation talks paused for 45 days

Sacco ReviewOctober 6, 202603 mins

Metropolitan Sacco members get more time as liquidation talks are paused The government weighs the Sacco’s future amid financial concerns Members face a key decision over the society’s survival The government has suspended talks on the possible liquidation of Metropolitan National Sacco for 45 days, giving its members, who are mostly teachers, time to complete…

KUSCCO shareholders approve liquidation, new body

Sacco ReviewAugust 28, 202604 mins

KUSCCO shareholders approve full liquidation as debts hit Ksh 17 billion against Ksh 5.4 billion in assets. New national Sacco association approved to take over advocacy, training and research roles. Commissioner David Obonyo to oversee asset recovery and payouts to Saccos and depositors. KUSCCO shareholders have approved a structured liquidation after liabilities topped Ksh 17…