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Nairaland Forum / Nairaland / General / Business / Court Orders Stanbic IBTC Bank To Pay N50bn As Damages Over False Report (492 Views)
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Court Orders Stanbic IBTC Bank To Pay N50bn As Damages Over False Report by Trending01: 4:38pm On Sep 08, 2017 |
Justice Candide-Johnson presiding over a Lagos High Court,south west Nigeria,has ordered Stanbic-IBTC bank Plc and CRC Credit Bureau limited to jointly pay the sum of N50 billion as general damages, to one of its customers, Longterm Global Capital Limited, for false, malicious and injurious falsehood publication against it. Apart from the judgement sum, the judge also ordered the bank and CRC Credit Bureau Ltd who is a joint defendant in the Suit filed by Longterm Global Capital Limited, to publish forthwith and not less than seven days, a retraction and apology to the claimant in the cover pages of Sunday and Monday editions of the Punch, Thisday and Guardian newspapers, in respect of the alleged false indebtedness publication of the claimant to the bank. Justice Candide-Johnson also directed CRC Credit Bureau Limited, to immediately delete from its electronically published data bank and all other publications, all references to the alleged indebtedness of the bank’s customer to the bank. READ MORE: http://theicon.ng/2017/09/08/court-orders-stanbic-ibtc-bank-pay-n50bn-damages-false-report/
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Re: Court Orders Stanbic IBTC Bank To Pay N50bn As Damages Over False Report by greatiyk4u(m): 4:40pm On Sep 08, 2017 |
Good |
Re: Court Orders Stanbic IBTC Bank To Pay N50bn As Damages Over False Report by agarawu23(m): 7:06pm On Sep 08, 2017 |
Banks and companies hardly pay all these damages fine, u will rather waste time and Money claiming it cos they will keep appealing. |
Re: Court Orders Stanbic IBTC Bank To Pay N50bn As Damages Over False Report by peacemara54(m): 8:27pm On Sep 08, 2017 |
Check my signature |
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