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Credit Bank to pay trader Sh1.7m in bizarre identity theft saga
Credit Bank failed to have Paul Musambi Mwatu's name expunged from the credit blacklist despite requests to do so, after it emerged that it was a bizarre case of stolen identity.
Credit Bank has been ordered to pay Sh1.7 million in compensation to a trader and non-customer it wrongly listed as a loan defaulter in a bizarre case of stolen identity four years ago.
High Court judge Lawrence Nthiga Mugambi said the bank had violated Paul Musambi Mwatu’s human dignity and integrity by falsely listing him as a loan defaulter.
