 |
| FCMB. |
Again, First City Monument Bank (FCMB) has entered troubled waters as the Federal Capital Territory (FCT) High Court has ordered it to pay N540.5 million in damages to one Pastor Emmanuel Omale of the Divine Hand of God Prophetic Ministry and his wife, Deborah over their false claim that they laundered N573 million for former Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu.
Delivering judgement in the suit, marked
FCT/HC/CV2541/2020 and filed by Pastor
Omale, his wife, Deborah and the church, Divine Hand of
God Prophetic Ministry where the judge, Yusuf Halilu held that the bank breached its “duty of care to
the claimants,” the Omales and their church.
The judge held that the evidence before the court showed that
the bank admitted error in its report to the NFIU of entries in the account of
Divine Hand of God Prophetic Ministry which was accused of laundering money on Mr. Magu’s behalf.
Justice Yusuf Halilu also
said the bank claimed that the purported N573 million was wrongly reflected as
credit entry in Divine Hand of God Prophetic Ministry’s account by its
reporting system, which it recently upgraded.
The judge held that FCMB admitted the error, which brought incalculable
damage to the reputation of the claimants both within and outside the Nigeria –
depleting their church’s membership.
Mr. Halilu said
the claimants provided sufficient evidence to establish case of negligence
against FCMB.
Consequently, the judge awarded N200 million as
aggravated damages; N140.5 million as specific damages and N200 million as
general damages.
0 Comments
DISCLAIMER
The views and opinions expressed on this platform as comments were freely made by each person under his or her own volition or responsibility and were neither suggested nor dictated by the owners of Precious Eze's Blog or any of their contracted staff. So we take no liability whatsoever for such comments.
Please take note!