The government has shut down Good Life Sacco Limited and ordered it be liquidated.
This comes after an audit conducted by the Co-operatives ministry established that it has violated all regulations on handling members’ funds.
Commissioner of Co-operatives Mary Mungai announced the society’s license had been revoked and invited members to file claims within the next 30 days with Johnson Njoroge and Gerald Mwai, who were appointed as liquidators.
Mungai also directed the liquidators to seize all assets belonging to the Sacco, books and other crucial documents with a view to ending its operations within the next one year.
“I cancel the registration and order that it be liquidated. Any person, aggrieved may within thirty (30) days of publication in the Kenya Gazette appeal to the Cabinet Secretary against this order,” Ms Mungai said.
By the time of its closure, the savings society had branches in Eldoret, Nairobi, Thika, Nyeri, Nakuru and Nyahururu. Members had saved more than Sh1 billion.
Good Life Sacco founder Obadiah Maina had earlier alleged that the society’s cash flow problems were triggered by panic withdrawals.
where are we supposed to…
where are we supposed to claim
In which office
The office of johnson njoroge where is located where
Commissioner of Co…
Commissioner of Co-operatives Mary Mungai announced the society’s license had been revoked and invited members to file claims within the next 30 days with Johnson Njoroge and Gerald Mwai, who were appointed as liquidators.
We are at panic and thank you for the information but kindly guide the public towards recovering their funds. Specifically shed more light on the location of the liquidators’ offices before others come claiming the same.
where is the office located…
where is the office located so that we can make a claim
since 2018 i forwarded my…
since 2018 i forwarded my claim to liquidators office and upto now have not heard anything concerning the same. can anyone help me in this.
Where is the location of the…
Where is the location of the office?
Please give location of…
Please give location of office.