Mr Eric Ounga has sued the Kenya Commercial Bank for the loss of his title deed, leading to loss of business. Mr. Ounga told a Kisumu court on Monday that he deposited the title deed with bank as security for a loan, but on returning to pick it up, the bank informed him that it was missing.
“The title deed was for a house we owned in Nairobi,” said Mr Ounga. “When we got a buyer, we went to KCB for the title deed but they have not returned it to-date.”
KCB through lawyer Sam Onyango asked the court to let them have an ‘out of court’ settlement.