CfC Stanbic fined Sh1m for wrong credit bureau listing

Mr Mwenda Njoka, who together with Ms Hilda Kaari sued CfC Stanbic. FILE PHOTO | NMG

CfC Stanbic Bank #ticker:CFC has been ordered to pay a senior government employee Sh1 million after listing his name at a credit reference bureau (CRB) as a defaulter.

Mwenda Njoka and Hilda Kaari sued the bank and Credit Reference Bureau Africa Ltd, accusing them of tarnishing their names by listing them among loan defaulters.

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