Connect with us

BUSINESS

Court Awards N5m Damages Against Diamond Bank PLC For Negligence

Published

on

 

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 following the transfer of the presiding Judge from Warri.

The items deposited with the Bank in 1997 included golds, beads and a Land Deed which is the subject matter in the case of negligence established against Diamond Bank PLC in the suit filed by J.O. Oweibo for the Claimant/Applicants with A.A. Fole (Mrs) of Gift and Duata Associates for the defendants/Respondents.

Advertisement
Article Banner

Counsel to the Claimant/Applicants J.O. Oweibo had sued for the Bank demanding N250m as damages for negligence in the handling of the land deed that was found to have been thoroughly defaced and torn while in the bank custody for safe keeping which responsibility the bank was finally proven to have neglected to perform.

[Widget_Twitter id=”1″]

Continue Reading
Advertisement
Click to comment
FEATURED5 hours ago

Ex-Delta First Lady Roli Uduaghan Joins Oborevwori, Okowa to Bid Otumara Emotional Farewell in Warri

FEATURED23 hours ago

Malami, Ogboru, Gbadebo Rhodes-Vivour Lead as ADC Unleashes Political Heavyweights for 28 Governorship Slots ahead of 2027

FEATURES23 hours ago

Atiku to Tinubu: Release Your FBI Files, I Have Nothing to Hide

FEATURED1 day ago

Abducted Delta Woman Rescued as Police Arrest 8 Suspects in Abraka

NEWS1 day ago

NYSC Sets September 8 for Physical Verification of Foreign-Trained Graduates

FEATURES1 day ago

Your Sacrifice Matters — VeryDarkMan Apologises to Troops Over NBA Conference Outburst

NEWS1 day ago

Okowa’s Senate Bid: Why Experience, Party Structures May Give Him an Edge Over Ochei in Delta North

FEATURED1 day ago

Defence Minister Musa Blasts El-Rufai, Accuses Ex-Governor of Dividing Kaduna

NEWS2 days ago

2027: Isoko North LGA’s City Boys Movement Meet Ogorugba, Declares Support for Tinubu, Oborevwori’s Re-election Bid

FEATURED2 days ago

Delta Police Arrest 6 Suspects, Dismantle Illicit Drugs Shop

Bichi
FEATURES2 days ago

Why DSS DG Draws the Line: ‘No More Arrests Over Civil Disputes’

FEATURES2 days ago

Tinubu Not Facing Criminal Case in US, Presidency Clarifies FOIA Litigation

FEATURES3 days ago

PenCom Raises Alarm as PFAs Sink N17.1trn Pension Funds Into FG Securities

FEATURED3 days ago

Court Remands Man for Retaining N1.09b ‘Proceeds of Criminal Conduct’ in Abuja

BUSINESS3 days ago

Uber Shakes Up Global Operations, Cuts 10% of Workforce, Exits Nigeria and Uganda

Advertisement
Advertisement

z

   


Article Banner