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Gakuyo draws 5-phased Ekeza Sacco deposit payments schedule

Ekeza Sacco investors outside DCI on Kiambu road on March 18, 2019. They had gone to DCI to fill claim forms to facilitate investigations of Ekeza Sacco officials. PHOTO | SALATON NJAU | NMG

What you need to know:

  • Ekeza Sacco has drawn a time plan for refunding Sh2.4 billion that were audited as having been misappropriated by officials.
  • Founder David Kariuki Ngari anticipates the drive to take a maximum of two years given the nature of liquidation strategy he is implementing.

Troubled Ekeza Sacco has announced the commencement of member deposit refunds in five phases.

Founder David Kariuki Ngari aka Gakuyo said he has drawn a time plan for refunding Sh2.4 billion that were audited as having been misappropriated by the senior management team, under his chairmanship.

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