Firm fails to get pay from NCBA over erroneous CRB listing

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NCBA branch in Nairobi. FILE PHOTO | NMG

A transport and construction company has failed to convince a judge to compel NCBA #ticker:NCBA to pay it for damages allegedly suffered for listing the firm as a loan defaulter.

Pekatewa Investments company Ltd sued the lender accusing it of writing to its directors and copying Credit Reference Bureau (CRB) in June 2013, falsely and maliciously alleging that the company’s loan account was in arrears for over 90 days.

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