Local leader held over co-ops cash

Musanze – The Executive Secretary for Busogo Sector in Musanze District, Jean Damascene Iyamuremye, has been detained by police over alleged embezzlement of Rwf 1 million meant to support cooperatives in the area. Also in police custody is the SACCO-Busogo Branch Manager, Tharciana Duterimberi, who is accused of conniving with the leader to illegally withdraw the funds from the account. Over Rwf 15 million meant to support cooperatives in Busogo Sector, was offered by PADSEC (Project D’appui au Development Socio-Economic et Culturel dans la Province du Nord), and channelled through a local Umurenge SACCO account. The scam was unearthed during an audit carried out by Rwanda Cooperatives Agency last week. Police spokesman, Supt. Theos Badege, confirmed the arrest and said that investigations were still ongoing. The money, which was reportedly embezzled, was 15 percent of the total interest paid by cooperatives. bonny.mukombozi@newtimes.co.rw

National

Local leader held over co-ops cash