Mismanagement Leads to Sh2bn Loss at SIC Investment Co-operative

The SIC Investment Co-operative has reportedly suffered a Sh2 billion loss due to mismanagement, with senior officials accused of defrauding members by inflating land purchase prices.

14 Apr, 10:39 — 14 Apr, 10:39

Post Share

Sources

Showing 1 of 1 sources

Daily NationMostly Factual140d ago

Sh2bn loss: How mismanagement crippled SIC Investment Co-operative

Senior officials are accused of defrauding members by inflating land purchase prices.

Read full article →

Mismanagement Leads to Sh2bn Loss at SIC Investment Co-operative

Sources

Sh2bn loss: How mismanagement crippled SIC Investment Co-operative

Related Stories

BOJ to debate rate rise, inflation much closer to 2% target: governor

Markets React to Middle East Tensions as Oil Prices Surge and Gold Falls

Apple Announces Executive Compensation Packages for Ternus and Cook

Bessent Urges BOJ Chief to Take Decisive Action to Stabilize Yen