Legal Nigeria

Court orders bank to refund $30,769 to three customers

A Magistrate Court sitting in Surulere, Lagos has ordered a new generation bank to refund the sum of $30,769 it deducted from three businesswomen’s domiciliary and naira accounts.

The businesswomen are Mrs. Adebomi Orogun, Mrs. Kehinde Banjo, and Mrs. Oluwatoyin Ode.

Magistrate Oluwatoyin Otitoju gave the order after hearing the claimants’ application.

In her affidavit in support of the application, the first applicant Mrs. Orogun said she recently wanted to transfer money from her Euro account, only to discover that she no longer had access to make any transaction.

“On the 4th of March, 2022, I was shocked to discover that all my accounts (USD, EURO, and Naira) and that of my fellow Claimants with the respondent (Polaris Bank) had been frozen and a ‘post no debit’ order was placed on them,” she said.

Orogun said the bank told her that it had not been deducting the proper commission per transaction on the accounts which only commenced later and which led to her USD account being cleared out.

Credit : THE NATION.