Govt moves to crack down on weak SACCOs and auditors

Dormant SACCOS that are not in operation will be deregistered and liquidated. Speaking during the release of the annual SACCO supervision report, CS Oparanya warned that SACCOs have until the end of the month to comply by filling their returns with the Commissioners of Co-operatives, even hinting at possible consolidation of SACCOs following their review.