Ibrahim Kibirige v UCB & Anor (Civil Suit No. 408 of 2000)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Held that the issuer of travellers cheques is under a contractual obligation to refund lost or stolen cheques where the purchaser complies with the terms of the purchase agreement, including reporting the loss and providing an indemnity. However, the obligation is not to refund immediately but within a reasonable time to permit investigations. Where the issuer refunds after conducting investigations and the purchaser has not been grossly negligent, no breach of contract arises and no interest or damages are payable for the delay.
Outcome
Action dismissed with no award of damages or interest to the plaintiff
Facts
The plaintiff, a Ugandan businessman, purchased US$4,000 worth of travellers cheques from Uganda Commercial Bank (1st defendant) acting as agent for Citicorp (2nd defendant) on 24 November 1999. The purchase agreement required the plaintiff to sign each cheque on receipt, safeguard them, and immediately notify Citicorp and police in case of loss or theft. The cheques were stolen on 1 January 2000 (judgment states 3 January 2000 in submissions). The plaintiff reported the theft to police and UCB and filed a refund claim form on 24 January 2000. When refund was not made, the plaintiff filed suit on 17 April 2000. The 2nd defendant refunded the US$4,000 on 12 August 2000 (judgment states 23 December 2000 in submissions). The plaintiff subsequently dropped the action against the 1st defendant and proceeded against the 2nd defendant only for general damages and interest. The 2nd defendant did not file a defence.
Issues
- Whether the 2nd Defendant breached the contract by failing to refund the travellers cheques immediately.
- If breach is established, whether the Plaintiff is entitled to general damages and interest, and in what amount.
Orders
- Action dismissed.
- No order as to costs, as the 2nd Defendant did not participate in the action.
Rules and key headnotes
Cases cited (3)
- Ewadi v Bank of Credit and Commerce International South Africa (1989) All ER 243
- Nakawa Trading Co. Limited v Coffee Marketing Board (High Court Civil Suit No. 137 of 1991)
- John Nagenda v Sabena Belgian World Airlines (1992) 1 KALR 13
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.