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The Standard e-Paper
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The Standard Group Plc is a
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Two businessmen have sued Stanbic Bank over Sh101 million loan whose interest they say has been accumulating.
In the case filed at the Commercial Court, the businessmen, Nasser Abdulhamid and Makarim Omar, accuse the bank of allegedly breaching the duplum rule as the amount they have paid so far is four times more than the loan they had taken.
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