The Commissioner of Co-operative Development has been temporarily barred by a Nairobi court from installing a new management committee at Ekeza Sacco Ltd.
Senior Resident Magistrate M. Murage on Friday ordered that the current management should stay in office until the case is heard and determined.
The ruling comes after 11 Sacco members moved to court seeking to stop the Commissioner from interfering with the management of their Sacco.
The case will be heard on March 13.
The founder and chairman of the Ekeza Sacco Bishop David Kariuki Ngari 'Gakuyo' in January put some of the Sacco's properties up for sale
to raise money to refund members’ savings.
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They include a residential property within Nyari Estate near Village Market in Nairobi, a hotel in Juja and a house on half an acre along Thika-Garissa road in Makongeni.
Others are 50 acres in Kilimabogo Thika, 100 acres in Kabati, Murang’a county and a quarry in Kabati.
The Sacco's license was cancelled and was placed under receivership by the government last year over non-compliance with the law.
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