DNK International By our investigative reporter.
The Commissioner for Co-operative Development has been urged to intervene in the affairs of Shirika Housing Co-operative Society Ltd following fresh claims of unpaid dividends, opaque land dealings and weak accountability by the society’s leadership.
The call was made during a delegate election meeting held recently at the Nakuru County Co-operative Offices, where members accused the Central Management Committee (CMC) of failing to deliver on its mandate for several years.
The meeting, overseen by Assistant Commissioner for Co-operatives Alex Muchemi, re-elected Xavier Lugaga as Nakuru Branch delegate and resolved to escalate members’ concerns to national regulators.
Members said dividends a core benefit of cooperative membership have not been paid for years, eroding confidence and raising questions about the society’s financial health.
They also raised concerns over the status of land and property owned by the society, unresolved debts and ongoing court cases, warning that the lack of transparency exposes the society to financial and legal risk.
Delegates further alleged that some officials have failed to meet payment obligations for allocated plots, a situation they said undermines fairness and governance within the cooperative.
Citing fears that assets could be lost through auction or adverse legal action, members resolved to seek a temporary halt on the disposal or transfer of society property pending an independent investigation.
The Nakuru Branch also passed a resolution to withdraw confidence in the current CMC and to propose its removal at the 2026 Annual Delegates Meeting for non-performance.
Members are now pushing for an independent probe committee to audit assets, review land transactions, assess debts and examine court cases covering the last ten years, with findings to be shared with members and the regulator.
They have appealed to the Commissioner to invoke powers under the Co-operative Societies Act to stabilise the society, protect member investments and restore accountability.
The matter is expected to feature prominently at the upcoming ADM, where the society’s leadership faces its most serious challenge in years.
[DNK-International@February 6,2026]
