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A. M. MUKHTAR, JSC (Delivering the Leading Judgment): The plaintiffs' claim against the defendant as per the writ of summons in the High Court of the Federal Capital Territory are as follows:-
"(i) The sum of ₦5,000,000.00 (Five million Naira) being the value of cheque that the Defendant negligently and unethically allowed to be cleared by the unknown person.
(ii) The sum of ₦20,000,000.00 (Twenty Million Naira) being the cost purchase of the said plot of land.
(iii) The sum of ₦100,000,000.00 (One hundred Million Naira) as general damages."
Briefly put, the case of the plaintiffs was that the 1st plaintiff (a registered company) maintains a current account with the defendant's Area 3, Garki Branch, Abuja. On 9th of July 2001 the 1st plaintiff together with its Chairman/Chief Executive caused a draft to be issued from the 1st plaintiff's account in favour of Professor Michael A. Ajomo as purchase price of a plot of land in Abuja, but the draft was not received by the said beneficiary.…