How top officials loot Afya Sacco – Weekly Citizen

The giant Afya Cooperative Savings and Credit (Sacco) Society’s General Manager and deputy chief executive officer (CEO) Livingstone Sakwa was bundled into indefinite compulsory leave before being sacked after looting hundreds of millions from the society.

Sakwa

Another worst aspect of the emerging scenario is the fact that Sakwa apart from looting the Sacco also took un-secured loans worth hundreds of millions of shillings that he refused to service despite persistent implorations by the board.

The multi-billion shillings Sacco that posted accumulated assets worth more than sh17 billion as at the last financial year-its central management committee (CMC) met immediately after the Sacco’s annual delegates conference (ADC) on April 27 chaired by the chairman Vitalis Lukiri to deliberate on the Sacco’s board of management.

It has emerged that though the entire top management team was on the firing line, right from the chief executive officer Felix Ndoi, his deputy Sakwa and the risk control manager Wycliffe Mwuoria from Meru had to get the first devastating blow before further action is taken on others involved in the scam.

The general manager Sakwa is reported to have presided over the looting of millions of shillings from the society not only for himself but also an inner circle in cahoots with his cronies with his outer circle of close buddies it is estimated that the Sacco lost more than sh500 million.

Ndoi

Though in charge of administration and human resource management at the Sacco, inside sources revealed to the media that Sakwa was a harsh, arrogant, vindictive, un-professional, greedy, high handed, abusive, salacious and an outright ‘’a gutter rat’’.

That though having joined the Sacco in a relatively shorter period of time compared to the other managers, Sakwa had a  meteoric rise from scratches to living in the skies where other individuals apart from himself matter.

A senior management official who declined to be named said: ‘’ This character is not just a predator at pilfering, swiping, grabbing, stealing, crude and sophisticated financial fraud, and hoarding the loot but is also worse on the female staff-right from the management to the junior levels’’.

The official said that Sakwa to the Sacco members of staff was a worse terror in the office than Alshabaab or al Qaeda through which he has personally been able to systematically and ruthlessly steal from the society more than sh 550 million as he terrorized the staff to do his bidding or face the sack.

Chairman Lukiri

He accused Sakwa of being a man who used his position to get what he wanted right from the skirts in the office all the way to the Sacco’s bank accounts to do is bidding to feed his insatiable greed for both cash and sex.

Though a new comer at the Sacco’s top management level, our source divulging that the man from western Kenya had superseded all the top managers including his boss Felix Ndoi in the rapid accumulation and show of massive wealth including even members of the CMC who employed him in the first place and have been steering the Afya Sacco for decades-today they have nothing to show against Sakwa’s booty.

He said that the biggest irony of the whole business is that the blundering buffoon was brought to Afya Sacco through the influence of Chairman Lukiri who also comes from western Kenya whereas Sakwa comes from Kakamega County-Lukiri comes from the neighbouring Busia county.

‘’This is a matter that virtually everybody in the office cringed and scrivened before him because they thought they were seeing the power and force of the CMC crowned with that of Lukiri-Afya Sacco had become a fiefdom for Sakwa just Germany was for Adolf Hitler before and during the second world war,’’ the source said.

From the proceeds of the loot Sakwa has reportedly built an empire in properties right from the estate of limousines that include Mercedes Benz, prado, pajeros and colonies of muilti-billion shillings real estate properties.

It has emerged that because his chairman does not frequent high class highly expensive dens, Sakwa becomes more the President of the Republic of Kenya Uhuru Kenyatta in financial, business in the country.

Vice chair Karuiki

The estate properties stretch from the most affluent residential estates of Nairobi, its neighbouring Rongai in Kajiado county and Kakamega, Nakuru, Eldoret crowned by all manner of public service vehicles cruising the city and up-country routes.

Socially right from Nairobi city all the way to Kajiado’s Ongata Rongai town, Karen, and up-country, Sakwa, a character who splashes his wealth by taking control of the bar rooms and all services and pays in hard cash-American dollars, the British sterling pounds, the Canadian dollar-crowned by the lousy Kenyan shillings.