Court slams N5m damages against Diamond Bank

A Delta State High Court sitting at Otor-Udu, in Udu Council Area and presided over by


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Court slams N5m damages against Diamond Bank

A Delta State High Court sitting at Otor-Udu, in Udu Council Area and presided over by Hon. Justice Clara Emuobor Ashilefu has slammed N5m (five Million Naira) as damages for negligence against Diamond Bank PLC, Fresh Angle International can report.

Delivering Judgment in suit No. W/546/2013 between Chief Francis Ometan & others versus Diamond Bank PLC, Justice C.E. Ashilefu stated that the Bank was negligent in the handling of the document kept in her custody for safe keeping and awarded a 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.

Our Correspondent reports 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 gold, 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.

 

 


Emma Arubi
Warri Freelance Correspondent
Read other stories by Emma Arubi
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