N
Originally published by Nation Business
📰 Read Full Article
business
July 14, 2026
2h ago

DTB, Safaricom liable for Sh4.4m SIM-swap fraud loss, court rules

DTB, Safaricom liable for Sh4.4m SIM-swap fraud loss, court rules

Court rules that both institutions failed in their separate duties to protect the client from fraud...

✨ Key Highlights

Diamond Trust Bank (DTB) and Safaricom have been held liable for a Sh4.4 million SIM-swap fraud loss suffered by a customer, Mercy Wairimu Kariuki, with a court affirming their negligence.

  • Safaricom was found 60 percent liable and DTB 40 percent liable.
  • The High Court dismissed appeals from both DTB and Safaricom, upholding a lower court's ruling.
  • DTB was ordered to pay Kariuki Sh1,788,601, plus damages, costs, and interest.

Continue Reading

Read the complete article from Nation Business

📰 Read Full Article
Advertisement
Advertisement