Nairobi, May 26 -- Former Metropolitan Sacco officials have been charged in court with conspiracy to defraud the sacco of Sh14.49 billion, marking the latest case of senior executives in the co-operative movement facing criminal prosecution.

The purge on the leadership of Metropolitan Sacco leadership, which draws a majority of its membership from teachers and civil servants, comes after the institution was last year declared technically insolvent.

Members also voted to hire forensic auditors to investigate a scandal that sent the once-dominant institution to its knees.

The former officials charged on Tuesday include Christopher Kahuno Karanja, Samuel Ndungu Muiruri, John Kimani Munyaka, James Kamau Ngugi, Patrick K. Kagwi, Francis Kam...