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Originally published by Nation Businessbusiness
July 14, 2026
2h ago
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.
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