NAIROBI, Kenya, Mar 16 – Kimisitu DT Sacco has postponed its 41st Annual General Meeting (AGM) after members requested the release of a forensic audit report on funds invested through the Kenya Union of Savings and Credit Co-operatives (KUSCCO).
The Sacco’s board said the request was made during a Special General Meeting held on February 14, where members asked that the findings of the audit be included as a substantive agenda item at the AGM and shared beforehand.
In a notice to members dated February 26, the board said delays by the audit firm in submitting the report forced the postponement to allow members adequate time to review the document.
“During the Special General Meeting held on 14th February 2026, members requested that the recently concluded forensic audit exercise be a substantive agenda item at the upcoming AGM and the report be shared beforehand,” the Sacco said.
“However, due to the delay by the forensic audit firm, the Sacco via a memo dated 21st February 2026 informed the membership of the prevailing circumstances.”
The board revoked the earlier AGM notice issued on February 20 and said a new meeting date will be communicated once the audit report is received and circulated to members.
Kimisitu said the move is intended to strengthen governance and ensure members have access to key documents before deliberations.
The development comes as several Saccos review their financial exposure linked to investments placed through KUSCCO, prompting calls for greater transparency in the cooperative sector.
