Damascene Iyamuremye, the executive secretary of Busogo sector in Musanze District has been arrested and detained at Musanze police post for allegedly swindling Rwf 1 million.
Iyamuremye now facing trial for the abuse of office and related crimes is said to have connived with Tharciana Duterimbere the branch Manager of Umurenge SACCO-Busogo.
According to the source on the ground, both suspects are said to have withdrawn the money illegally meant cooperative in the area.
The money, which was reportedly embezzled, was 15 percent of the total interest paid by cooperatives.
Over Rwf 15 million had been cashed in to support cooperatives in Busogo Sector, by PADSEC (Project D’appui au Development Socio-Economic et Culturel dans la Province du Nord), and channelled through a local Umurenge SACCO account.
The scam was unearthed during an audit carried out by Rwanda Cooperatives Agency last week, a body mandated to oversee the operations of the cooperatives in the country.
Police spokesman, Supt. Theos Badege, confirmed the arrest and said that investigations were still ongoing.
ENDS
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