Jamba Soita Ali v David Salaam - (HCT-00-CC-CS 400 of 2005)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Court held that a money lending transaction conducted by an unlicensed money lender in contravention of the Money Lenders Act is illegal and unenforceable on the basis of ex turpi causa non oritur actio. The plaintiff, who lent money at 25% monthly interest without a money lending licence, could not enforce the loan agreement. Court dismissed the suit with each party bearing its own costs, considering both parties benefited from the illegal transaction.
Outcome
Suit dismissed on grounds of illegality under the Money Lenders Act
Facts
The plaintiff claimed the defendant owed him Shs.9,000,000 advanced as a loan. The defendant admitted receiving money but said it was only Shs.1,850,000 which he had repaid with additional amounts totaling Shs.10,570,000. The defendant issued three undated cheques to the plaintiff. The defendant was subsequently charged and acquitted in the Chief Magistrate's Court for issuing false cheques. Both parties agreed the plaintiff lent money to the defendant at an agreed interest rate of 25% per month. The plaintiff later abandoned his claim for interest. Evidence showed transactions between the parties started in 1999 with no written agreement. The plaintiff was not a registered money lender under the Money Lenders Act.
Issues
- Whether the plaintiff advanced to the defendant the sum of Shs.9,000,000 as claimed in the plaint.
- Whether the plaintiff is entitled to the reliefs claimed or at all.
- Whether the transaction between the parties contravened the Money Lenders Act and was therefore illegal and unenforceable.
Orders
- Suit dismissed.
- Each party shall bear its own costs, save any costs which may already have been decreed to either party in any event.
Rules and key headnotes
Legislation cited (1)
- Money Lenders Act Cap 273 s.2(4)(b)
Cases cited (3)
- Naks Ltd v Kyobe Senyange [1982] HCB 52
- Litchfield v Dreyfus [1906] 1 KB 584
- M. Kabenge v James K. Mpalanyi (Civil Appeal No. B 56 of 1962)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.