𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐄 𝐈𝐍𝐓𝐄𝐍𝐒𝐈𝐅𝐈𝐄𝐒 𝐏𝐑𝐎𝐁𝐄 𝐈𝐍𝐓𝐎 𝐊𝐔𝐒𝐂𝐂𝐎 𝐆𝐎𝐕𝐄𝐑𝐍𝐀𝐍𝐂𝐄, 𝐅𝐈𝐍𝐀𝐍𝐂𝐈𝐀𝐋 𝐌𝐈𝐒𝐒𝐓𝐀𝐓𝐄𝐌𝐄𝐍𝐓𝐒 𝐀𝐍𝐃 𝐂𝐎𝐎𝐏𝐄𝐑𝐀𝐓𝐈𝐕𝐄 𝐒𝐄𝐂𝐓𝐎𝐑 𝐎𝐕𝐄𝐑𝐒𝐈𝐆𝐇𝐓
The Senate Standing Committee on Trade, Industrialization and Tourism has intensified its oversight of the cooperative sector after scrutinizing the Commissioner for Cooperative Development, Mr. David Obonyo over governance failures, regulatory oversight and financial accountability at the Kenya Union of Savings and Credit Cooperatives (KUSCCO).
Senator Jackson Mandago questioned how significant financial misstatements at KUSCCO went undetected despite the Commissioner's representation on the Union's Board as an ex-officio member.
