Home News Former KUSCCO CEO George Ototo Questioned by DCI Over Ksh. 10 Billion Fraud

Former KUSCCO CEO George Ototo Questioned by DCI Over Ksh. 10 Billion Fraud

Former KUSCCO CEO George Ototo was questioned by DCI over allegations of misappropriating Ksh. 10 billion, raising public concern about transparency and the potential impact on members’ savings.

by Dave
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George Ototo, the former Chief Executive Officer of the Kenya Union of Savings and Credit Co-operatives (KUSCCO), was questioned by the Directorate of Criminal Investigations (DCI) over the alleged misappropriation of Ksh. 10 billion from the organisation.

Blogger Cyprian Nyakundi shared the development on X, formerly Twitter, revealing that Ototo had quietly attended a session at the DCI headquarters.

According to Nyakundi, Ototo was held at Block B, yet officers denied he was there. Journalists seeking to cover the matter were reportedly turned away, with DCI officials claiming he was not present.

Former KUSCO CEO George Ototo speaks during a past event. Photo: The Star Source: Facebook

Former KUSCO CEO George Ototo speaks during a past event. Photo: The Star Source: Facebook

The investigation has drawn intense public interest, given the significant financial implications for KUSCCO members and stakeholders.

There are growing calls for transparency, with many questioning how such a large sum could have been mismanaged without detection.

So far, the DCI has not provided an official statement on Ototo’s questioning or disclosed whether formal charges are imminent. The secrecy surrounding the proceedings has raised eyebrows, fuelling speculation that influential individuals may be involved in the alleged embezzlement.

George Ototo speaks during a past meeting in Nairobi. Photo: Citizen Digital Source: Facebook

George Ototo speaks during a past meeting in Nairobi. Photo: Citizen Digital Source: Facebook

Ototo’s appearance at the DCI marks a key step in the probe, but stakeholders are urging the authorities to ensure the investigation is thorough and that those responsible are held accountable.

Members of KUSCCO, who depend on the organisation for savings and loans, have expressed frustration over the potential impact of the lost funds.

Nyakundi’s exposé has amplified public calls for justice, with many demanding swift action from the authorities to recover the missing funds and restore confidence in the cooperative sector.

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The situation is still unfolding, with more details expected to emerge as investigations continue.

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