The much-hyped Special General Meeting of Univision Sacco held today at Ithookwe Primary School turned into a shameful display of mismanagement, betrayal, and corruption, sending shockwaves among its membership. What was meant to be a pivotal gathering to discuss the Sacco’s future turned into a hollow ritual after a deliberate, underhand scheme by the management ensured poor turnout through weak communication and minimal awareness.
Behind the thin veil of procedure, the Sacco’s management attempted to sneak in punitive directives—among them adopting a delegate system of representation, amending by-laws through the back door, and introducing a vague mechanism to “apprise” members about the affairs of their cooperative. Members present, though few, expressed outrage at what they described as a well-choreographed plan to weaken the democratic voice of the Sacco and consolidate power in the hands of a corrupt clique. Anyone who dared demand accountability was silenced with arrogant dismissals like “the law is clear,” leaving members seething with anger.
For years, murmurs of rot inside Univision Sacco have been growing louder, and today’s meeting has only confirmed the worst fears. Members are now openly threatening to withdraw their savings, accusing the management of orchestrating corruption cartels that feed off their hard-earned contributions. Explosive allegations range from embezzlement of funds, dubious loan rates, mysterious loans registered against unsuspecting members’ accounts, to corruption in tendering—where only those close to the top brass are rewarded. Meanwhile, Sacco executives flaunt lavish lifestyles and prime real estate investments that members believe are funded by proceeds of theft.
The human cost is devastating. Ordinary members—especially those servicing loans through payslips—say their incomes have been turned into financial graveyards. Many speak of unexplained deductions, inflated repayments, and loans that remain unchanged on paper even after years of repayment. Some are left with negative payslips, a financial nightmare that has driven families to desperation. The Sacco offices, once seen as a safe haven for members, have become a fortress of arrogance where cries for help go unanswered.
The storm is only beginning. Univision Sacco now stands accused of betraying its very foundation—trust. The Kambaland Times investigative desk is preparing a bombshell exposé, “The Sacco From Hell: How Univision Sacco Dries Up Members’ Payslips with Dubious Loans and Phantom Debts,” set to reveal damning evidence of systematic looting. Unless swift reforms are forced, Univision Sacco risks a mass exodus of its members, and with it, the total collapse of what was once a beacon of hope for cooperative growth.
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