Tags: stanbic IBTC N50b damages

Court Orders Stanbic IBTC To Pay N50b Damages Over False Report

The sum of N50 billion has been slammed on Stanbic-IBTC bank Plc and CRC Credit Bureau limited as general damages for false, malicious and injurious falsehood publication against one of its customers, Longterm Global Capital Limited. Justice Candide-Johnson of a Lagos High Court, who gave the ruling, also ordered the bank and CRC Credit Bureau…