Troubled Ekeza Sacco Begins Refunding Members' Savings

Troubled Ekeza Sacco has announced that it has begun refunding members' savings.
Ekeza founder and Chairman Bishop David Kariuki Ngari, popularly known as Gakuyo says the society will refund members' deposits in five different phases starting with those whose savings are below Sh5,000.
“By end of this week I will have refunded all members mapped to be Sh1,500 who had Sh5,000 downwards as savings in Ekeza Sacco,” says Gakuyo as quoted by the Business Daily.
Gakuyo says the second phase will see members with deposits of above Sh5,000 to Sh20,000 received their cash.
This will be followed by those with up to Sh50,000, then those with up to Sh200,000.
The first phase of the refund will be carried out at Gakuyo’s Calvary Chosen Centre Evangelical Church in Thika.
“We are disposing of our assets to get money. We are also pursuing those who owe us…and we are also seeking out strategic partners to revive our businesses. We have the goodwill to guarantee no member will lose any deposit…All we seek is patience and understanding,” says Gakuyo.
He explains that the refund process has been facilitated by the acting Commissioner of Cooperatives Didacus Ityeng’.
More than 50,000 members, including 5,000 Kenyans in the diaspora, had saved more than Sh2 billion in the Sacco by the time it got into trouble with the authorities.
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Wakenya wengi walio…
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Wakenya wengi walio uongozini wanapungukiwa na maswala yote yahusio akili, uamuzi na ubusara pale wanapofumaniwa na jambo lolote sugu. Sielewi kama ni washauri hawana au ni kuchanganiwa na vitendo vibovu wanavyotenda. Watazame UhuRuto, kwa mfano. Wanapunguza mishahara yao kwa asilimia 39 kabla ya uchaguzi, kisha tena wanapogurupuka na kufahamu wahitaji kura zetu, aaaaah wanaungana na magenge ya wizi na walawiti kupora mali ya umma. Uhuru pia anasahau jinsi Raila alivyokataa kuwa debeni katika uchaguzi wa pili na hapo Wakenya wakapoteza billioni nane. Mtazame Waititu babayao. Kukimia huwa kunasaidia pale shuku na shauku zinazokuelekeza wewe. Ubelembele wa Waititu hasa yale anayoyajua katika sarakasi ya cheti cha Punjab. Nimetembelea shehemu kadhaa za New Delhi, India, na ninauhakika nikisema kwamba aina ya majengo ipatikanayo India haikaribii haya tuonyeshwayo na mlagai Waititu. Hii shule yafanana na Narok Mixed Day, au Chogoria Boys au Nyaribari Machache Mix Day. Sasa tuyachambue ya Gakuyo au Bishop Ngare. Nakumbuka vizuri jinsi mpenda tamaa huyu alivyotumia madola mengi katika Jambo Radio Network kati ya miaka ya 2013-2015. Huku akiongea pole pole huku akijawa na "roho mtakatifu," mtapeli huyu aliwasihi Wakenya waishio Marekani kuekeza madoble zao katika Ekeza Sacco na pia kununua ploti haswa kule Kenol, Thika, na Kabati(Nafikiri iko Murang'a). Wengi waliangukiwa na mtego, na kama kuna yeyote aliye pata kipande cha ploti au kurudishiwa dola zake, nasema ewalla. Asichokielewa kinaga ubaga mhubiri huyu ni kwamba, tayari amefunja sheria na kuwarudishia wateja pesa zao hakutamuondolea hatia hiyo. Wakiri anayemshauri amepungukiwa na uanasheria au hajui afanyalo. Utawandanganya wananchi wakati mwingine lakini sio kila siku. Yatazame tu yatakayompata.
Gakuyo has done what 90% of…
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Gakuyo has done what 90% of Kenyans would never do! He's realized he was wrong & now he's giving up what he owes to members! Unlike the bwenyenyes we know who die in hospital beds clinging tightly on the billions they stole frm wananchi! Congrats Gakuyo, we've been called to repent & not to judge as most kenyan saints love to do! Read Lk.19:8!
No one has than shs 10K with…
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No one has than shs 10K with this SACCO.
Next on line is Urithi…
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Next on line is Urithi Housing Society! These society has been taking members deposits in their investors club whereby one is supposed to be getting returns from money invested but once you get in,it becomes a game of cat & mouse as nothing is paid out! Be warned!
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