The Milimani High Court has certified as urgent a case challenging the liquidation of the Kenya Union of Savings and Credit Cooperatives (KUSCCO) amid concerns over members’ funds.

🇰🇪 Breaking It Down

According to court documents obtained by Kenyans.co.ke , the application was filed under a certificate of urgency and will be heard during the court recess following directions issued on Friday, September 4.

“Upon considering the merits of the said application, it is hereby ordered that the application be certified as urgent and shall be heard during the recess period,” the documents stated.

The court directed that the case be served on the parties, the appointed liquidators and any other individuals who may be affected by the orders being sought.

📌 What You Need to Know

Those served have been given an opportunity to file their responses before the matter returns to court on Tuesday, September 8.

The legal challenge comes days after the government cancelled the registration of the co-operative union and placed it under liquidation.

According to a Gazette Notice published on August 31, the move followed liquidity challenges that had affected KUSCCO’s operations.

Three officials from the State Department for Co-operatives were appointed to oversee the winding-up process for a period of up to one year.

The liquidators are expected to take custody of the organisation’s property, financial records and other documents required during the process.

📰 Source: Kenyans.co.ke