East Africa’s leading telephone network operator Safaricom has challenged the decision by a Kenyan court to have its chief executive Bob Collymore produce Short Message Service (SMS ) transcripts for a fraud transaction pitting two banks — Equity Bank, and Dyer and Blair Investment.
This is after Dyer and Blaire Investment deposited KSh26 millions into two different Equity Bank accounts in 2008.
Justice Kennedy Ogola in late May ordered Collymore to testify on the former Equity branch manager and Dyer Blaire director’s conversations on the deal.
Safaricom’s legal officer Jenniffer Caroline is against the decision by the court. She said Collymore’s testimony in the court would not serve any useful purpose.
When the order was made, Safaricom was not given an opportunity to issue information concerning the case. This means it will be against the law for them to release any record as ordered, Safaricom explained in its application filed Tuesday.
The court scheduled the next hearing for July 23.
Jimnar Mbaru and Thomas Kabaki are the directors of the Investment bank who claim the transfer as fraud.
Equity Bank has operated in Kenya since 1984 as a commercial banks. Dyer and Blair Investment offer similar services.
