Safaricom sued to disclose M-Pesa firm s cash records businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Three plaintiffs have indicted Safaricom and Vodafone in a $2.4 billion lawsuit which claims that Safaricom is operating its M-Pesa arm and Fuliza, its overdraft service, illegally.
Three persons have indicted Safaricom and Vodafone in a lawsuit which claims that Safaricom is operating its M-Pesa arm and Fuliza, its overdraft service, illegally. According to the petitioners Gichuki Waigwa, Lucy Nzola, and Godfrey Okutoyi since Safaricom uses the money from non-borrowing M-Pesa account holders as loans to Fuliza users, then…