George Magutu’s fraudulent empire: KUSCCO’s ksh 24.8 billion deficit and unexplained withdrawals
George Magutu, once a respected figure in Kenya’s cooperative sector, has seen his reputation crumble under the weight of a massive financial scandal involving the Kenya Union of Savings and Credit Cooperatives (KUSCCO). As the former chairman of KUSCCO and current treasurer of New Fortis Sacco, Magutu is now at the center of a multi-billion-shilling