Inclusion Fund Chief Executive Officer Henry Tanui when he appeared before the National Assembly's special Funds Accounts Committee
Inclusion Fund Chief Executive Officer Henry Tanui when he appeared before the National Assembly's special Funds Accounts Committee

MPs demand recovery of Ksh 12 Billion from Hustler Fund defaulters

The National Assembly’s Special Funds Accounts Committee has demanded the tracking down of defaulters of the Financial Inclusion Fund, popularly referred to as the Hustler Fund, to recover billions of unpaid loans. In a session held at Bunge Tower, the lawmakers engaged the Financial Inclusion Fund Chief Executive Officer, Henry Tanui, and other officials on…

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Special Funds Accounts committee as chairperson Fatuma Zainab/photo courtesy

Cooperative funds face legitimacy questions as MPs demand audit clarity

The legitimacy of two key cooperative sector funds has come under parliamentary scrutiny, with Members of Parliament (MPs) demanding urgent reforms and full disclosure from the State Department for Co-operatives. The Special Funds Accounts Committee, chaired by Migori MP Fatuma Zainab, has directed the department to submit all outstanding audit documents to the Office of…

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