NTSA to Launch E-Logbooks to Curb Cases of Car Fraud

The National Transport and Safety Authority (NTSA) says it will soon introduce electronic car logbooks (e-logbooks).
NTSA Director-General Francis Meja says the move will curb vehicle ownership related fraud as well as boost information sharing through its online register, the Transport Integrated Management System (TIMS).
“We are currently reviewing the option of having electronic logbooks that can be easily verified through the system and also seeing how the system can be integrated with insurance firms to know who actually has insured their vehicle,” Meja says in a statement.
The official says that the e-logbook and the online system will significantly cut down instances of fraud by allowing banks and other financial institutions to view their financed assets electronically.
“TIMS has incorporated a component that now helps banks conduct quick online searches thus eliminating fraudsters from the lending market,” Meja adds.
The move comes after last year's incident where insurers lost millions of shillings to fraudsters who used fake car logbooks to swindle money.
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