Relief for Absa bank in Sh1.5 billion secret information leakage order

Absa Bank Kenya

Absa head office in Westlands, Nairobi. 

Photo credit: File | Nation Media Group

A judge has suspended the execution of a court order requiring Absa bank to compensate a transport firm Sh1.5 billion for allegedly leaking its confidential financial information to third parties.

Justice Njoki Mwangi slammed the brakes on the order following a request by the lender, which intends to challenge the compensation award. The order dated November 10, 2022 was issued by the High Court in Mombasa to New Mega Africa Ltd.

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