{"id":113481,"date":"2026-03-16T08:02:43","date_gmt":"2026-03-16T05:02:43","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/business\/?p=113481"},"modified":"2026-03-16T07:07:55","modified_gmt":"2026-03-16T04:07:55","slug":"kimisitu-sacco-postpones-agm-over-pending-kuscco-forensic-audit","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/business\/2026\/03\/kimisitu-sacco-postpones-agm-over-pending-kuscco-forensic-audit\/","title":{"rendered":"Kimisitu Sacco postpones AGM over pending KUSCCO forensic audit"},"content":{"rendered":"<p><strong>NAIROBI, Kenya, Mar 16 \u2013 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).<\/strong><\/p>\n<p>The Sacco\u2019s 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.<\/p>\n<p>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.<\/p>\n<p>\u201cDuring 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,\u201d the Sacco said.<\/p>\n<p>\u201cHowever, 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.\u201d<\/p>\n<p>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.<\/p>\n<p>Kimisitu said the move is intended to strengthen governance and ensure members have access to key documents before deliberations.<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board said delays by the audit firm in submitting the report forced the postponement to allow members adequate time to review the document.<\/p>\n","protected":false},"author":14438,"featured_media":113487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1343,1,687],"tags":[26180,934,22584,26927,8811,9044,19489],"coauthors":[9476],"class_list":["post-113481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banks","category-kenya","category-top-stories","tag-agm","tag-featured","tag-forensic-audit","tag-kimisitu-sacco","tag-kuscco","tag-pending","tag-postpones"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kimisitu Sacco postpones AGM over pending KUSCCO forensic audit - Capital Business<\/title>\n<meta name=\"description\" content=\"The board said delays by the audit firm in submitting the report forced the postponement to allow members adequate time to review the document. Kenya breaking news | Kenya news today |\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.capitalfm.co.ke\/business\/2026\/03\/kimisitu-sacco-postpones-agm-over-pending-kuscco-forensic-audit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kimisitu Sacco postpones AGM over pending KUSCCO forensic audit\" \/>\n<meta property=\"og:description\" content=\"The board said delays by the audit firm in submitting the report forced the postponement to allow members adequate time to review the document. 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