Consolidated Bank Sued For Using Customer’s Information To Open Illegal Account And Transacting Without His Consent

A contractor has moved to court looking to have damages paid after Consolidated Bank colluded with other persons to rob him.

Sketchers LTD, a general contractor has sued the bank for opening an account in his name in collision with other persons without his knowledge.

The contractor claims he came to know of the fraud when he phoned the Kenya Rural Roads Authority (KERRA) for his delayed payment but was informed the money had been deposited in his account, which did not check out.

After investigating the payment the contactor was waiting for from KERRA did not actually make it to his account but was instead deposited into the cloned account. In the court papers he claims the proceeds which were about sh 4,307,098 were then authorized for withdrawal by a Mr. David Ndirangu.

Through A.I Onyango and Co. advocates the contractor accuses the bank of failing to practice due diligence before opening the account and colluding with third parties letting a person not known to him open an account in his name and transact fraudulence business.

He further accuses the bank of negligence for not veryfing whether documents used while opening the account were genuine.

He also states he was approached and asked to drop the suit and in return get his money but cannot in an attempt to clear his name and regain his credibility which was lost when the government agencies thought he was attempting to defraud them by asking for pay twice.

He claims KERRA has since blacklisted him for the fraud and the Kenya Revenue Authority sent him notice of withheld income tax and VAT over the same.

He wants the court to compell Consolidated bank to pay him back the money withdrawn, compensation for general and punitive damages and for the bank to issue an apology to KERRA clearing his name.

The case will be heard September 10th.