28 July 2016

Tanzania: PCCB Drags Saccos Officials to Court Over a Sh10 Million Loan

Geita — Two officials of the Geita Savings and Credit Cooperative Society (Saccos) appeared before the Resident Magistrate's Court on Wednesday where they were charged with forgery and negligence.

The suspects, who were arraigned by the Prevention and Combating of Corruption Bureau (PCCB) six months ago, are Nicholaus Kamala, who is the Saccos manager, and Thobias Batilio, a member of the financial cooperative.

The two are accused of accepting false documents and erroneously granting a Sh10 million loan to Gideon Kagoro, who didn't meet the conditions.

Reading the charges before Resident Magistrate Ushindi Swalo, a prosecutor with the PCCB, Mr Kelvin Munusuri, told the court that the accused committed the offence on January 6, 2014. "The suspects violated Section 32 of the PCCB Act (cap 11 of 2007)," said Mr Munusuri.

The accused denied the charges. Mr Batilio was released on bail after fulfilling requirements, while Mr Kamala was remanded after failing to meet bail term. They were required to have two sureties who were supposed submit a title deed of fixed assets worth Sh10 million.

The case was adjourned to August 4, this year.

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