TSC stops Sacco deductions for Bungoma teachers

TSC
dr

Teachers Service Commission (TSC) on March 26, 2024, announced the stoppage of the Metropolitan Sacco deductions for teachers from Bungoma County.

This was revealed by the TSC, CEO, Dr Nancy Macharia when she appeared before the Senate Trade Committee to shed light on a statement by Bungoma Senator David Wakoli concerning unclear Sacco deductions despite instructions from the Commission

The Senator had requested to know why deductions were directed to a Sacco accused of embezzling KSh12 billion.

READ ALSO:

Business paralysed in Nakuru as doctors protest

Dr Macharia told the committee that the TSC only effects the stoppage of deductions for teachers without loan liabilities upon application.

She stated that deductions for over 1000 teachers from Bungoma County had been stopped procedurally.

“Monthly deductions for 1165 teachers from Bungoma County in favour of the Metropolitan Sacco had been stopped,” she said.

The stoppage comes after the Busia Senator Okiya Omtata had earlier asked the teachers’ employer to halt the deductions arguing that teachers had withdrawn from the Sacco which is on the verge of collapse.

Senator Omtata based his argument on the fact that salaries and other savings were teachers’ property and hence needed to be safeguarded.

The committee also raised question on how millions of shillings were withdrawn from a single teller at a Nakuru branch.

The Sacco ran into problems three years ago after some of its members realised that they were unable to make any withdrawals from their savings and also were denied loan facilities despite having active accounts.

An audit carried out in April 2022, revealed that the Sacco had loaned out KSh7 billion to ghost members.

By Brian Ndigo

Get more stories from our website: Education News 

To write to us or offer feedback, you can reach us at: editor@educationnews.co.ke

You can also follow our social media pages on Twitter: Education News KE  and Facebook: Education News Newspaper for timely updates.

>>> Click here to stay up-to-date with trending regional stories

 
Sharing is Caring!
Don`t copy text!