Nairobi, Aug. 5 -- A tribunal has ordered the troubled Kenya Union of Savings and Credit Co-operatives (Kuscco) to refund a matured Sh489 million investment by Mhasibu Sacco Society Limited, piling pressure on the umbrella organisation facing widespread debt claims.

The Co-operative Tribunal said that Kussco is obligated to honour its investment contract with Mhasibu Sacco despite its financial challenges.

"The claim, as it were, stands uncontroverted. It is unfortunate the Respondent is experiencing financial challenges. However, a contract signed between the Claimant and Respondent still stands and where there is breach of a contract the "innocent" party, as it were, rightly pursues legal remedies," the Tribunal ruled.

The order foll...