Julius Bett
Julius Bett is the chief executive of Nyati Sacco Society, an organization currently involved in a legal dispute concerning financial losses associated with the Kenya Union of Savings and Credit Co-operative (Kuscco). He has publicly criticized the directive issued by the Sacco Societies Regulatory Authority (Sasra), which requires Kuscco members to provision for losses incurred due to mismanagement, arguing that it jeopardizes the financial security of member savings. Bett advocates for the protection of his members' investments and has sought judicial review to challenge what he deems an unlawful directive.
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Kenya:
Nyati chief executive Julius Bett said the regulator’s decision exposed Saccos to massive losses.
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