Trader sues Gulf Africa bank for loss of title over Sh58m loan

When Gulf African Bank signed an MoU with the Kenya National Chamber of Commerce on capacity building for youth and women professionals and entrepreneurs in the SME sector. [File, Standard]

A businessman has accused a bank of causing the loss of his land title so as to charge him more interest over a Sh58 million loan.

Hashim Mohammed accused Gulf Africa Bank Limited of denying him a chance to sell his property while taking advantage of the situation to demand millions of shillings as interest.