Gakenke: Two SACCO employees arrested for embezzling Rwf15.8 million

RNP

Two employees of a savings and credit cooperation of Nemba in Gakenke District have been arrested in connection with embezzlement of over Rwf15.8 million from the Sacco coffers.

According to Chief Inspector of Police (CIP) Hamdun Twizeyimana, the Police spokesperson for the Northern region, the duo was taken into custody on May 6 following an audit by the National Bank of Rwanda, which revealed that a total of Rwf15, 811, 500 was either embezzled or unaccounted for.
The spokesperson identified the suspects as Clotilde Mukantabana, 34, and Afrodis Nsabimana, 26.
“Mukantabana is implicated in the embezzlement of Rwf15, 465, 000 while Nsabimana was implicated in the embezzlement of Rwf346, 500,” CIP Twizeyimana said.
“The audit unearthed a syndicate of fraud between the manager and the teller,” he explained, adding that “Police acted on the report to arrest them to facilitate further investigations by Rwanda Investigations Bureau (RIB). Investigations by RIB will inform if there are other people involved to be arrested.”
Embezzlement, under article 325, attracts an imprisonment of between seven and ten years and a fine of two to five times the value of the embezzled or destroyed property
He also called upon anyone with information regarding the case, to come forward and facilitate the justice system in fighting such high impact crimes of corruption or embezzlement.

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Elias Hakizimana

Elias Hakizimana, CEO&Founder of The Inspirer Ltd,(www.rwandainspirer.com) is a professional Rwandan Journalist with Bachelor’s Degree in Journalism and Communication, received from University of Rwanda’s College of Arts and Social Sciences (CASS) in 2014. He served various media houses in Rwanda including Rwanda Broadcasting Agency (RBA) in 2013 and became passionate with English Online and Print Media Publications where he exercised his talent as a Freelance News Reporter for The New Times, The Independent, The Rwanda Focus, Panorama and more before he became a Self-Entrepreneur as the CEO and Founder of The Inspirer Limited in early 2017.

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