COURT ORDERS ACCESS BANK TO PAY N5M FOR BREACHING CUSTOMERS RIGHT

Justice Ibironke Harrison of a Lagos High Court has indicted and ordered Access Bank to pay five million naira for breach of relationship.

Justice Ibironke Harrison of a Lagos High Court presiding in Igbosere, Lagos Island, ordered Access Bank to pay the sum of five million naira to its customers, Blaid Construction Limited and Blaid Properties, for breach of bank-customer relationship.

TheConscience reports that while delivering judgment, Justice Harrison declared that a post-no-debit, PND, alert action by the bank and continued denial of the customers’ rights to access and operate their accounts since 2015 were unlawful, illegal and void except within the periods between July and September, 2016.

The judge noted that the judgment was delivered outside of the 90-day period prescribed by the 1999 constitution due to the COVID-19 pandemic.

The suit was instituted against Access Bank, in May 2017.

The claimants’ statement of claim include a declaration that the post no debit alert and continued denial of the claimants’ right to access or operate their bank accounts is illegal and unlawful; an order directing the defendant to immediately remove and take down the post no debit alert placed on the account; N500 million damages for breach of bank-customer relationship; and costs of the actions.

Access Bank CEO Herbert Wigwe

TheConscience reports that the court noted that Access Bank filed its defense submission in June 2016 while the claimants filed a series of documents, including cheques, solicitors’ letters, among others.

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Access Bank opened its case on October 22, last year by calling its sole witness, Olugbenga Kutemi, the zonal head business banking division of the bank.

https://theconscienceng.com/access-bank-to-pay-n5m-for-breaching-customers-right/

Good

Lawlessness thrives in this country, one thing is for the court to grant payment of compensation, another thing is for the accused to decide to pay.

Na today

Pay wetin. Unachop shiiit. I pray make court grant am. Hahahahaha

I thought they needed a court order before placing any account on no debit status?

lovely court judgement