Ekeza Sacco was named in multiple reports concerning alleged financial losses suffered by members who had invested or saved money with the organisation. According to the reports, the Sacco, which was associated with Bishop David Ngari, also known as Gakuyo, attracted members with promises that included investment returns and access to affordable housing.
One reported case states that a member lost KSh 100,000, while published reports alleged that many other members were unable to recover their savings or receive the housing they had expected. Separate reporting also linked Ekeza Sacco and Gakuyo Real Estate to wider allegations involving investment schemes that reportedly caused substantial financial losses to Kenyans. Regulatory action and criminal proceedings involving individuals associated with the organisation were also reported.
The claims concerning Ekeza Sacco, Gakuyo Real Estate, and individuals connected to them should be understood in the context of community reports, published allegations, regulatory action, and court proceedings. They should not automatically be treated as final findings of criminal guilt unless established by a court, and prospective investors or members should independently verify the status of any organisation before committing funds.
