A Universal Traders Sacco member has deposited a damning report with the anti-corruption agency, booking its directors and management for a date with the investigators over the loss of millions in a web of fraudulent schemes.

The document, addressed to the EACC Chairman shows how UTS management and officials devised fraudulent schemes through which millions of shillings were either illegally drawn or lost.

“At UTS, most of the account holders are not aware if their accounts have been debited. They normally don’t take any corrective measures until they apply for loan facilities, only to discover that their accounts have been interfered with.” Read part of the report.

The report says that there was massive corruption and unethical conduct within the sacco which has resulted in loss of millions in members’ savings.

“The lapses at Machakos town and Embu town branches include failure to adhere to loan approval processes, members of the credit committee approving loans beyond their recommended limits as per the policy and loans being approved without requisite documentation.” Read part of the report.

The complainant also called for a lifestyle audit of the UTS CEO Dominic Mutunga and his Chairman Fredrick Ngumbi.

“The CEO and the chairman’s extravagant lifestyle exceed their known income.” The report read in part.

The report called for investigation of the below Sacco’s register of various supplies of goods and services of the financial years 2024 and 2025.

UTS/010/2024/25 Supply and Maintenance of Signage’s & Outdoor advertising

UTS/019/2024/25 Provision of Corporate Branded Promotional Materials and Staff Uniforms and Corporate Wear.

UTS/030/2024/25 Provision of Branded Mask, Reflectors, T shirts and Carrier bags

UTS/025/2024/25 Provision of Data Communication Services, Computer Networks and Structured Cabling.

UTS/015/2024/25 Provision of Human Resources Consultancy and Training Services

UTS/031/2024/25 Supply of Calendars and Dairies books

UTS/035/2024/25 Provision of Marketing Research & Consultancy Services

UTS/034/2024/25 Provision of ICT Consultancy Services

UTS/005/2022 Supply of motor vehicle accessories

UTS/009/2022 Supply and Maintenance of Generators, Inverters and UPS

UTS/012/2022 Supply of ICT Equipment and Repair and Maintenance of Computer Systems, Servers, Routers and Printers.