Attempts by University of Nairobi (UoN) seeking to have Credit Reference Bureau (CRB) blacklist privately sponsored students who fail to clear fees arrears has flopped.
The University had forwarded names of students who have failed to clear fees arrears after winding up their studies to CRB hoping it would help them recover KSh 200 million deficit.
Isaac Mbeche, the UoN deputy vice chancellor on Monday, December 10, warned 500 graduates who have not paid for services they utilised would have their names published in national newspapers and forwarded for blacklisting to the bureau.
However, Sam Omukoko, the MD of Metropol, a bureau licensed by Central Bank of Kenya (CBK) to credit referencing services said the university’s request was inadmissible.
He argued the university had gone beyond its mandate by providing goods and services on credit and there was no way the bureau would come in to help.
The move was a desperate attempt by UoN to counter a cash crunch following a drop in student enrollment.
Read the end of the article at https://just40days.com/detail_CRB-declines-University-of-Nairobi’s-request-to-blacklist-students-who-fail-to-complete-fees_16546 and https://kenyan-digest.com/over-400k-kenyans-blacklisted-on-crb-over-loans-of-less-than-ksh-200-%E2%96%B7-kenya-news/