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Ken Tarus Ousted From Stima Sacco Board Over Corruption Cases

Former Kenya Power MD Ken Tarus. PHOTO/ COURTESY

Former Kenya Power managing director Ken Tarus is among three board members expunged from the board of Stima Sacco in relation to corruption cases they are facing against their former employer.

The Commissioner of Cooperatives Mary Mungai sent packing Tarus alongside former senior managers Beatrice Meso and Abubakar Swaleh Sharif.

“I suspended the three in accordance with the law, section 28:7 of the Cooperative Societies Act. The annual General meeting of the sacco can give directionsi line with the Act on how to move forward when such cases arise,” said Mungai.

Last week, delegates in the annual general meeting  of the sacco declared the three positions vacant. The Cooperative Societies Act does not provide for how such positions can be filled, so it takes the constitution of an individual sacco to fill the positions.

Read: Prosecution Files Against Kenya Power Managers Disappear, DPP Orders Probe

“A decision to suspend them was made by the Commissioner of Cooperatives immediately they were suspended at Kenya Power over corruption allegations. They have to go,” the Kenya Electrical Trades and Allied Workers Union (Ketawu) secretary general Ernest Nadome said..

Last year, the file containing evidence against the three former Kenya Power managers had gone missing, forcing him to adjourn the case.

Tarus was charged alongside his predecessor Ben Chumo and 12 others with conspiracy to defraud the parastatal of over Ksh409 million.

They reportedly purchased substandard transformers from Muwa Trading Company. The officials have also been accused of aiding fraudulent acquisition of Ksh202 million as payment for the supply of the transformers.

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Francis Muli

Written by Francis Muli

Senior reporter at Kahawa Tungu, Muli has a passion for human interest stories. He believes in unearthing societal rots that have been hidden from the public eye. He has also carved himself a niche in writing business stories. He has worked for various organisations including Kenya Television Service, Business Today among others. Follow him on Twitter @FmuliKE.

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