Matiang’i instructs police to act on Ekeza sacco

Super CS Fred Matiang’i has directed Inspector General of Police Joseph Boinnet to take stern action against Ekeza Sacco officials for alleged misappropriation of Ksh.1.5billion.

Speaking during the Kenya Police Sacco annual delegates conference, Dr. Matiang’i said that the government will not stand by and watch as people steal from savings and credit companies, Citizen Digital reports.

Ekeza Sacco hit the headlines after it emerged that televangelist Dr. David Kariuki Ngare popularly known by screen name Gakuyo, allegedly embezzled members’ funds.

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The money belonged that was apparently transferred to his personal account belonged to 78,000 members of the savings and credit company.

Last year, the Government revoked the Sacco’s license following complaints that Ekeza was sharing office space and bank accounts with Gakuyo Real Estate Company.

At one point, Gakuyo attempted to sell his hotels and land tied to the real estate company but was stopped after an application from the Commissioner of Cooperatives.

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