Mogo sued over unfair loan terms, hidden charges
NAIROBI, Kenya, Oct 22 - Asset financing firm Mogo Auto Limited is facing a representative lawsuit from three Kenyans over alleged predatory lending Kenya breaking news | Kenya news today |..
✨ Key Highlights
Asset financing firm Mogo Auto Limited is facing a representative lawsuit over alleged predatory lending practices, including unfair loan terms and hidden charges, which three Kenyans claim have caused financial hardship for thousands of borrowers.
- The lawsuit, filed by Caroline Nderitu, Wilson Mbogo Gikonyo, and Joseph Muraya Wangari, seeks to declare Mogo's loan agreements unconscionable and halt further repossessions.
- Mogo Auto Limited was previously fined Sh10.8 million in October 2024 by the Competition Authority of Kenya (CAK) for "false, misleading, and unconscionable lending."
- The court has set the matter for mention on December 15, 2025, directing parties to respond within 15 days.
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Lawsuit Targets Mogo, Petition Challenges Cyber Law, and IRA Proposes Crypto Insurance Rules in Kenya - October 2025
Asset financing firm Mogo Auto Limited is facing a representative lawsuit over alleged predatory lending practices, including unfair loan terms and hidden charges, which claimants say have caused hardship for thousands. In a separate legal action, musician Reuben Kigame and the Kenya Human Rights Commission (KHRC) have petitioned the High Court to invalidate the new Computer Misuse and Cyber-crimes law. The law, signed by President William Ruto on October 15, 2025, is argued to grant the state excessive power to surveil and silence critics. Meanwhile, the Insurance Regulatory Authority (IRA) has proposed new draft regulations that would allow Kenyans to insure their cryptocurrencies and other virtual assets.
