The Credit Reference Bureau(CRB) has been sued by a businessman for what he terms as wrongful blacklisting.
David Sila Onyango, has filed a petition in court seeking Sh.22.3 million as compensation from CRB.
Onyango claims CRB has negatively listed him over an alleged debt of over Sh.200 million (USD 2.1 million), a move that has resulted in him being denied credit by a local bank.
“On October 2 last year I applied for a Sh.30 million credit facility from the Co-operative Bank of Kenya but the application was declined on the grounds that I had a negative or adverse listing by CRB,” he states in court documents.
Despite demanding for the particulars of the alleged indebtedness that resulted in the blacklisting from TransUnion from September 2020, the firm has ignored his emails and demanded a letter from his lawyer Fred Orago.
According to Onyango, he has never had a debt totaling the said amount of USD 2,187,218.03 as set out in CRB’s Consumer Report.
He argues that CRB listed him as a defaulter in utter disregard of its statutory duties as a duly licensed credit reference bureau pursuant to the provisions of the Banking Act.
In consequence of the said wrongful listing, Onyango argues that he has been gravely injured in his credit, reputation, character and standing as a person in the way of his occupation and profession as an astute businessman and now he is unable to get any credit from registered establishments.
Onyango is also seeking a permanent injunction restraining CRB from negatively listing him.
The matter will be mentioned on September 20, 2021.