Case Law
A bank that pays the proceeds of a cheque to a wrong person is liable for conversion.
Heritage Bank Ltd. v. Bentworth Finance Nig. Ltd. [2018] 9 NWLR (Pt. 1625) 420 at 435 paras G-H, per Eko, JSC: “The point must be made as well that a seemingly endless chain of authorities have made it a settled principle of law that bankers who collect cheques and pay to those not entitled to […]
stephenazubuike
- July 17, 2018
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