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Tag: Francis Omatan

Court Awards N5m Damages Against Diamond Bank PLC For Negligence

Court Awards N5m Damages Against Diamond Bank PLC For Negligence

BUSINESS, NEWS
  A Delta State High Court sitting at Otor-Udu, in Udu Council Area has awarded the sum of N5m (five Million Naira) as damages for negligence against Diamond Bank PLC. Hon. Justice Clara Emuobor Ashilefu, while delivering her judgment on Tuesday, 5 December, 2017 in suit No. W /546/2013 between Chief Francis Ometan and others and Diamond Bank PLC, stated that the Bank was negligent in the handling of the document kept in her custody for safe keeping. The court also awarded N50,000.00 (fifty thousand naira) as cost against the Bank, noting that 17 years was not too long for the bank to be careless about the safety of documents kept in her custody. Recalls that the suit which was instituted in 2013 at a Warri High Court was later transferred to the High Court at Otor-Udu