Kenya orders investigation on Metropolitan Sacco

Metropolitan Sacco.

Metropolitan National Sacco Ltd offices at Chai House along Koinange street in Nairobi. The sacco is unable to meet its members financial needs. PHOTO | FILE | NMG

The Kenyan government has set up a team of top co-operative sector officials to investigate the financial and governance structures of the troubled Metropolitan Sacco, signalling the extent of the rot in the Teachers-owned Sacco.

Metropolitan Sacco has been in the limelight for growing member complaints over its operations.