Bugesera Sacco managers arrested

By Théophile Niyitegeka
On 11 November 2016 at 04:11

An accountant and a cashier at Kamabuye Sector Sacco in Bugesera district have been arrested over alleged misappropriation of resources.
The police spokesperson in Eastern Province, IP Emmanuel Kayigi has confirmed information about the arrest citing alleged misuse and misappropriation of money kept with a SACCO under their management.
“The culprits accepted to have illicitly ‘borrowed’ money from accounts of clients,” he said.
Kayigi explained that the suspects illegally withdrew over Rwf (...)

An accountant and a cashier at Kamabuye Sector Sacco in Bugesera district have been arrested over alleged misappropriation of resources.

The police spokesperson in Eastern Province, IP Emmanuel Kayigi has confirmed information about the arrest citing alleged misuse and misappropriation of money kept with a SACCO under their management.

“The culprits accepted to have illicitly ‘borrowed’ money from accounts of clients,” he said.

Kayigi explained that the suspects illegally withdrew over Rwf 1 million adding that audit and investigations are underway to establish the extent of swindling.

In March 2016, another employee of Kamabuye Sacco, a one Nsengimana Xavier, disappeared as he was being investigated for alleged misappropriation of more than Rwf 7 million.

The police spokesperson in Eastern Province, IP Emmanuel Kayigi

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