Eight KUSCCO officials grilled in Ksh.5.3B fraud probe

Eight accounting staff of the Kenya Union of Savings and Credit Co-operatives (KUSCCO) Limited have recorded statements with police in the ongoing probe into the alleged misappropriation of over Ksh.5.3 billion.

Among those who were quizzed at the Capitol Hill Police Station are: Leo Odhiambo, Bartholomew Angwenyi, Kevin Aseko, Dominic Ndege, Fiona Ogali, William Thendi, Maryline Karemeri, and Trevor Amayo.

Lawyer Cecil Miller, acting for the KUSCCO board, had formally protested to the Director of Criminal Investigations (DCI) alleging that certain employees linked to the former management tampered with or destroyed documentation to conceal large-scale financial misappropriation.

This after the DCI had written to KUSCCO requesting proof of payment and payment vouchers in connection with suspected fraudulent transactions amounting to Ksh.5,318,977,152.

“Our client has undertaken all reasonable efforts to retrieve the requested documents Regrettably, they are unable to furnish the same, as it is believed that the records in question were either destroyed or unlawfully removed by the former management prior to their exit,” lawyer Miller wrote to the DCI.

“Specifically, the original payment vouchers are presently unavailable. Furthermore, our client reported a suspected theft incident at Capitol Hill Police Station under OB No. 42 on Friday, 30th May 2025. This report pertains to an occurrence on 29th May 2025 in which the chief cashier. Mr. Francis Wande, was captured on CCTV leaving the premises with certain documents without authorization.”

Miller hence urged the State investigative agency to engage relevant banking institutions which may hold copies of the sought payment records to aid in the probe.

These institutions, according to the KUSCCO board advocate, include: Co-operative Bank, Absa Bank, Gulf African Bank, NCBA Hank. Consolidated Bank, Sidian Bank, Family Bank, Kenya Commercial Bank (KCB) and the National Bank.