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Archive for June 3rd, 2018

Convicted for crimes committed – fraudulent  loan disbursements to themselves

Posted by African Press International on June 3, 2018

Dickens Wasonga.

Five people, among them teachers who had been accused of defrauding the giant Kisumu Teachers Sacco of over sh 2.5 Million between the year 2003 and 2006 were on Wednesday last convicted by a Kisumu Court.

Bernard Kasavuli of Winam court found the five individuals guilty of various offenses including making fraudulent withdrawals of cash from the Sacco accounts. They had been charged that on diverse dates, in collusion with some staff members they orchestrated fraudulent loan disbursements to themselves. Some of those who were loaned were not even Sacco members .

The court confirmed that others earned salaries repeatedly from the once vibrant teachers’ Sacco although they were never employed KITE.

Prosecution of the controversial case began way-back in 2008 when KITE board of directors under the leadership of the then CEO Mr Joseph Oganga reported the scam that scared away most members from the SACCO to the police.

The matter was so sensitive that at one point some judicial officers at the registry were suspended following the mysterious disappearance of the case file .

Even some of the top Sacco officials who were pushing for the recovery of the stolen cash legally were reportedly threatened by those who were believed to have been the main architects of the scandal.

last week, the Sacco CEO Mr Alan Kawa on Thursday welcomed the last week’s court ruling and assured members that his focus would be to provide prudent management of the resources of the organization and ensure the money lost was recovered.

” This now marks the closure of this matter, now we must focus on service delivery to our members.”Mr Kawa said.

Those who were convicted included Mr George Onyango, a non member of the Sacco who was ordered to pay 400,000 sh or be jailed for six years in default.

Carolyne Adhiambo also a non member of the SACCO will face a four year jail term if she fails to pay back 200,000 sh to the teachers outfit while Nicholas Onyango Kokongu who was a member will serve a one year suspended jail term.

Kokungu will continue offsetting the balance of what he owes the organization. He has been paying what he took from the SACCO even as the case was underway.

Janet Ogutu Abon’go, a staff was ordered to pay 150,000 sh or face one year in jail if she doesn’t pay the fine while Benter Anyango also a former staff will be jailed for six years if she fails to pay a 400,000 sh fine . They all have up to August to pay the cash.

The court also directed that they compensate the teachers Sacco the 2.5 million which was lost within that same period.

Kisumu teachers Sacco serves teachers across the region which was formerly Nyanza province.

ENDS.

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