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ALHAJI A. OLALEKAN VS WEMA BANK PLC

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ALHAJI A. OLALEKAN VS WEMA BANK PLC

Legalpedia Citation: (2006) Legalpedia (SC) 11511

In the Supreme Court of Nigeria

HOLDEN AT ABUJA

Thu Jul 6, 2006

Suit Number: SC. 236/2001

CORAM


CHRISTOPHER MITCHEL CHUKWUMA-ENEH JUSTICE SUPREME COURT.

U. A. KALGO

SAMSON ODEMWINGIE UWAIFO, JUSTICE SUPREME COURT

D. MUSDAPHER

ALOMA MARIAM MUKHTAR, JUSTICE, SUPREME COURT (Lead Judgment)


PARTIES


ALHAJI A OLALEKAN APPELLANTS


WEMA BANK PLC RESPONDENTS


AREA(S) OF LAW



SUMMARY OF FACTS

The Appellant, a customer of the Respondent Bank, placed the sum of N2,000.000.00 in a fixed deposit account with the Respondent. But the Respondent without instructions from the Appellant went ahead to de-fix the money and transfer same to other accounts of the Appellant with the Respondent to cover appellants’ indebtedness.


HELD


The Court held that the appeal lacked merit and that the lower court did not make findings contrary to the findings of the trial Court.


ISSUES


1. Whether the lower court was right to make findings contrary to the findings of the trial court which were not appealed against. 2. Whether the lower court gave a proper consideration to the Appellants’ complaint on the issue of estoppel.


RATIONES DECIDENDI


CASES CITED


1. Areabold Egba & Ors. V. Chief Warri Ogudo & Ors. (2000) 6 S.C. Part 1|2. Joe Iga & Ors. V. Ezekiel Amakiri & Ors. (1976) 11 S.C. 1 at 12 – 13


STATUTES REFERRED TO


NONE|


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