DNK International By Our Correspondent, West Pokot
A senior official of a savings and credit cooperative has been arrested in connection with a major financial fraud that allegedly cost the institution over Sh100 million.
Police in Kapenguria confirmed the arrest of Linus Lokira 38, CEO of Eco Pillar SACCO (formerly Mwalimu SACCO), over his suspected role in orchestrating the scheme.
The arrest was recorded at Kapenguria Police Station today morning.
According to investigators, a multi agency team comprising officers from the Directorate of Criminal Investigations (DCI) in West Pokot and specialists from the Cybercrime and Digital Forensics Unit at DCI headquarters uncovered the fraudulent activities through detailed system analysis.
Preliminary findings indicate that the suspect, in collaboration with other individuals still at large, allegedly diverted SACCO funds into accounts linked to suspected members.
Detectives further established that the scheme involved the fraudulent issuance of cheques and irregular SACCO linked ATM cards, which were used to siphon funds over time.
During the operation, investigators seized six laptops, mobile phones, and other materials believed to be critical exhibits in the case.
Police say the suspect remains in custody and will be arraigned in court once investigations are complete.
Investigations are ongoing to identify and apprehend additional suspects believed to be part of the wider fraud network.
[DNK-International@April 25,2026]
