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ROYAL UNITED NIGERIA LIMITED V. STERLING BANK PLC

(2008) JELR 49417 (CA)

Court of Appeal  •  CA/L/151/04  •  10 Dec 2008  •  Nigeria

Coram
RAPHAEL CHIKWE AGBO JCA; ADZIRA GANA MSHELIA JCA; REGINA OBIAGELI NWODO JCA;

Appearances
Rotimi Rhodes with Udegbunam For Appellant U. Udom For Respondent

Judgement
<p>ADZIRA GANA MSHELIA, J.C.A.: (Delivering the Leading Judgment): This is an appeal against the judgment of Hon. Justice R.I.B. Adebiyi of the High Court of Lagos delivered on the 21st day of May, 2003 dismissing the claims of the (Plaintiff) now the appellant herein.</p><p> The appellant as plaintiff at the High Court Lagos brought a claim against the respondents as defendants jointly and severally claiming the following reliefs:</p><p> (i) The sum of N376,000.00 (Three hundred and seventy-six thousand naira) being the value of an Inland Bank (Nig) Plc Certified Cheque No 05286 dated 15th March, 1999 issued in favour of the Plaintiff.</p><p> (ii) N1,000,000.00 (One million naira) as damages for fraudulent conversion of the said Certified Cheque by the Defendants</p><p> (iii) interest at the rate of 21% per annum from the 1st day of November, 1999 until judgment and thereafter at 20% per annum until final payment.&quot;</p><p> At the completion of hearing the trial court gave judgment in favour of the respondents. Being dissa…</p>

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