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HALLMARK BANK PLC & ANOR V. MRS ADEGBOYEGA OBASANJO

(2013) JELR 36057 (CA)

Court of Appeal  •  CA/L/1133/2010  •  26 Apr 2013  •  Nigeria

Coram
AMINA ADAMU AUGIE JCA; RITA NOSAKHARE PEMU JCA; FATIMA OMORO AKINBAMI JCA;

Appearances
C. V. C Ihekweazu Esq., with A. C. Eze Esq and I. A. Onyebuchi Esq. For Appellant Olumide Fusika Esq. with Him A. Fawehinmi Eboka (Mrs.) and Ozienpogoson Esq. For Respondent

Judgement
<p>RITA NOSAKHARE PEMU, J.C.A. (Delivering the Leading Judgment): In paragraph 8 of the Plaintiff&#x27;s (at the lower Court) Statement of Claim filed on the 16th of July, 2004, he claims against the Defendant thus:</p><p> (a) i. Damages for conversion in the said sum of N11,000,000.00 (Eleven Million Naira); and</p><p> ii. Interest on the first N10,000,000.00 (Ten Million Naira) component of the said sum at the Defendant&#x27;s time deposit rate of 21% per annum with effect from the 15th day of August, 2002, and on the balance component in the sum of N1,000,000.00 (One Million Naira) with effect from the 20th day of September, 2002 until judgment.</p><p> (b) i. Alternatively, payment of the said sum of N11,000,000.00 as money had and received by the Defendants to the use of the Plaintiff; and</p><p> ii. Interest on the first N10,000,000.00 (Ten Million Naira) component of the said sum at the Defendant&#x27;s time deposit rate of 21% per annum with effect from the 15th day of August, 2002, and on the balance component in the sum …</p>

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