BUSINESS
Court Awards N5m Damages Against Diamond Bank PLC For Negligence
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.
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″]
Tinubu’s Reforms Boost Investor Confidence as Foreign Firms Profit in Nigeria — EU Envoy
Presidency Fires Back at Obi, Says Tinubu’s Resignation Call Is ‘Childish and Misplaced’
Lagos Police Arrest 243, Foil 28 Robbery Operations
Tinubu May Seek Attorney-General’s Advice on S’Court as Ayirimi Says INEC Has Defied Presidential Order on Warri Wards
Abuja Court Remands Sowore After Bail Revocation, Adjourns Trial
UPDATED: UK Prime Minister Keir Starmer Resigns but Will Stay on as Caretaker Amid Political Turmoil
Troops Tighten Noose on Oyo Kidnappers as Abductors Scale Back Demands
Fear in North-West as Bello Turji Allegedly Acquires Advanced Weapons, Sets Up Terror Training Camp
HOSCON Accuses NNPC ‘Cabals’ of Starving Tantita of Funds to Fuel Oil Theft
Delta Police Arrest Two Suspected Cultists in Ibusa, Recover Guns, Cartridges, Illegal Drugs
Man Dies in Brother’s Hands Over Slipper Dispute
‘Our Quest for Separate Ijala Ward Non-negotiable’ – Four Itsekiri Communities Demand from INEC
Oborevwori Congratulates Oyebanji as Ekiti Governor Breaks One-Term Jinx
Oyebanji Hails Re-Election as Vote of Confidence in Tinubu, Vows Greater Progress for Ekiti
