Butime v Standard Chartered Bank (Civil Suit No. 963 of 2020)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that a bank owes a fiduciary duty to communicate the outcome of fraud investigations to its customer. Where a bank investigated an unauthorised debit within the stipulated timeframe, refunded the customer's money, and did not participate in the fraud, the bank is not liable for the fraudulent transaction itself. However, the bank breached its fiduciary duty by failing to inform the customer of the investigation outcome, entitling the customer to general damages for that breach.
Outcome
Judgment entered for the plaintiff with general damages of UGX 15,000,000/= and costs
Facts
The plaintiff held an account with the defendant bank. On 21 August 2020, UGX 5,816,563/= was fraudulently debited from his account without authorisation and credited to an account called Youth Services. The plaintiff reported the matter on 22 August 2020. The bank acknowledged receipt and stated investigations would take 60 days. On 24 October 2020, exactly 60 days later, the bank refunded the money without communicating the investigation outcome to the plaintiff. Investigations by Visa International revealed the plaintiff's card details were stolen by a third party and used for an online transaction. The plaintiff did not participate in the fraud. The bank did not inform the plaintiff of the investigation findings or provide a closure report.
Issues
- Whether the plaintiff has a cause of action against the defendant.
- Whether the defendant breached the banker-customer relationship.
- What are the remedies available to the parties.
Orders
- The plaintiff is awarded general damages of UGX 15,000,000/=.
- Interest is awarded on the general damages at the court rate from the date of judgment until payment in full.
- Costs of the suit are awarded to the plaintiff.
Rules and key headnotes
Legislation cited (2)
Cases cited (8)
- Auto Garage & Others v Motokov No. 3 (1971) EA 514
- Lucy Nelima & 2 Others v Bank of Baroda Uganda Limited (Civil Suit No. 55 of 2015)
- Makua Nairuba Mabel v Crane Bank Ltd (Civil Suit No. 380 of 2009)
- Simex International, Inc. v. Court of Appeals No. 88013, 19 March 1990, 183 SCRA 360
- Konark Investments (U) Ltd v Stanbic Bank Uganda Ltd (Civil Suit No. 116 of 2010)
- Barclays Bank v Quince Care Ltd and Another [1992] 4 All ER 331
- Moses Ssali a.k.a. Bebe Cool & Others v Attorney General & Others (HCCS No. 86 of 2010)
- Uganda Commercial Bank v Kigozi [2002] 1 EA 305
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.