THE Agricultural Finance Corporation has lost Sh50 million through fraud. Speaking at the Chemelil AFC offices on Monday, MD Lucas Meso said several farmers have used forged title deeds to secure loans. Meso said a section of farmers, who received the loans collude with officers at the land registry to forge title deeds. He said they have started investigations to recover the funds. Meso said whoever will be found culpable will be charged with the offense. He said in a span of five years, they have received Sh1.5 billion loaning from Kenya Sugar Board to finance cane development. Meso said...
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