NCBA ordered to refund Sh1 million company spent on trailer at auction

NCBA headquarters in Upper Hill, Nairobi. 

Photo credit: File | Evans Habil | Nation Media Group

NCBA Bank Kenya has been ordered to refund more than Sh1 million to a firm that purchased a trailer in an auction three years ago but later discovered that the chassis number had been falsified.

Justice David Majanja ruled that Blue Pearl Logistics Ltd was entitled to a refund of Sh900,000 it spent on the trailer, interest plus costs of Sh30,000.

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Note: The results are not exact but very close to the actual.