Kornark Investments (U) Ltd v Stanbic Bank Uganda Ltd (Civil Suit No. 116 of 2010)
Observed later treatment
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Holding
Held that under the merchant agreement the plaintiff warranted the validity of credit card transactions and bore contractual liability for chargebacks regardless of fault. The bank proved contractual fraud through chargebacks from the plaintiff's POS device but not common law fraud requiring proof of actual dishonesty. The bank breached its duty by freezing the entire account when only UGX 27.7 million was needed to cover chargebacks; the account balance was UGX 43.5 million.
Outcome
Plaintiff's account ordered unfrozen; plaintiff awarded UGX 50 million damages plus 25% interest; defendant's counterclaim allowed for UGX 27,710,355 plus UGX 10 million damages
Facts
Plaintiff tour operator entered merchant agreement with defendant bank in April 2009 to accept credit/debit card payments via POS device. In May 2009 defendant froze plaintiff's account holding UGX 43,498,778, alleging fraudulent transactions. Defendant's forensic investigator received emails from Barclays Kenya questioning transactions from plaintiff and other tour companies, alleging credit card fraud using cloned/stolen cards. Chargebacks totalling UGX 27,732,355 were issued against transactions from plaintiff's POS device. Defendant obtained court order under Penal Code s.275 freezing account. Plaintiff maintained it provided proper transaction documentation and signatures, acted in accordance with merchant agreement, and was not notified of specific fraud claims or complaining cardholders. Account remained frozen for two years during litigation.
Issues
- Whether there was a breach of the merchant agreement by any of the parties?
- Whether there was any breach of the banker-customer relationship by any of the parties?
- Whether there was commission of fraud by the plaintiff and its servants/agents; which fraud the plaintiff was complicit to?
- Whether the plaintiff is entitled to the reliefs sought?
- Whether the defendant is entitled to judgement on the counterclaim?
- What are the remedies available in the circumstances?
Orders
- An order issues that the defendant bank unfreezes the plaintiff's account and allows the plaintiff to continue with operations on the said account.
- The defendant is entitled to a sum of Uganda shillings 27,710,355/= on the counterclaim for chargebacks.
- The defendant is awarded a sum of Uganda shillings 10 million as general damages.
- The plaintiff is awarded a sum of Uganda shillings 50 million for the blockage of its account.
- The plaintiff is awarded interest at 25% per annum on the decreed sum from the date of judgment till payment in full.
- Each party shall bear its own costs.
Rules and key headnotes
Legislation cited (4)
Cases cited (21)
- Mars Tours and Travel versus Stanbic Bank Uganda Limited
- Joachimson v Swiss Bank Corp [1921] 3 KB 110
- Great Western Railway v London and County Bank [1901] AC 414
- Ladbroke v Todd [1914] Com Cas 256
- Barclays Bank v Quincecare Ltd [1992] 4 All ER 363
- US International Marketing v National Bank of New Zealand Ltd [2004] 1 NZLR 589 (CA)
- Ratlal .G. Patel vs. Dalji Makayi (l957) E.A 314 at 317
- Davy v Gannet (1878) 1 Ch D 489
- Mpungu &: Sons Transporters Ltd' vs. Attorney General and Kambe Coffee Factory (Coach) Ltd Supreme Court Civil Appeal No. 17 of 2001
- Kampala bottlers versus Damanico SACCA No. 22/1992
- George Alenyo versus DFCU bank and others HCCS No 697/2006
- Musisi Edward vs. Babihuga Hilda Court of Appeal Civil Appeal No. 103 of 2003
- Milly Masembe vs. Sugar Corporation &T Kagiri Richard SCCA 1/2000, (2000 KALR Page 305)
- Charles Lwanga Vs Centenary Rural Development Bank Court of Appeal No. 30/1999 (2000 KALR) at page 652 - 653
- Superior Construction & Engineering Ltd versus Notary Engineering Industries (1981) Ltd 1992 KALR at page 340
- Hajji Mutenkanga verses Equator Growers (U) Ltd SCCA number 7/1995
- Karak Rubber Company Ltd v Burden [1972] 2 All ER 1210
- Selangor United Rubber Estates Ltd v Craddock [1968] 2 All ER 1073
- Ronald Kayara v Hassan Ali Ahmed SCCA No.1 of 1990
- Kampala Bottlers Ltd versus Damanico (U) Ltd Civil Appeal No. 22 of 1992
- Assets Company Limited v Mere Roiri [1905] AC 176
Cases citing this judgment (3)
How later Ugandan judgments in the Wakilii corpus have cited this case. Treatment labels come from Sequitur — Uganda’s citator — each backed by a verbatim span from the citing judgment, and are not an assertion that this case is, or is not, good law.
Full judgment
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