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CBK loses bid to exit M-Pesa fraud case
Safaricom and M-Pesa Holding separately challenged the suit, arguing that Ms Rogo should first have used the dispute resolution process under the Communications Authority of Kenya (CA).
The Central Bank of Kenya (CBK) has lost its bid to exit a court case in which an M-Pesa user sued Safaricom over mobile money fraud.
The court ruled that the CBK’s role as regulator of payment service providers makes its presence necessary in the legal dispute because it could be asked to enforce any orders against the telecoms operators.
