The High Court has declined to stop the order from President Uhuru Kenyatta suspending the blacklisting of defaulters with loans of less than Sh5 million and sharing data of borrowers negatively listed with credit reference bureaus (CRBs).
Justice James Makau rejected the push to suspend the order in a court fight that pitted the Central Bank of Kenya (CBK) and the State against the CRBs whose operations have been hit after 99 percent of negatively listed accounts had their data frozen.
