MUHAMMAD, J.C.A. (Delivering the Leading Judgment): This is an appeal by the Defendant/Appellant against the judgment of Ade Alabi, J. sitting at the Lagos High Court, delivered on the 4th day of December, 1992 which granted all the reliefs sought by the Plaintiff/Respondent. The facts that led to this appeal are as follows:-
On 27/9/88 the respondent purchased from the appellant bank US $144 (One hundred and forty four United States Dollars). He paid N851.65 for the purchase. He was issued with a purchase receipt which contained the serial numbers of the currency notes sold to him. The respondent then departed Nigeria in the night of 27/9/88 and arrived at Zurich Airport in the morning of 28/9/88. At Zurich Airport, according to the respondent, he offered one $20 note to the cashier of a bank in the arrival hall of Zurich airport. The cashier looked at the note and told the respondent that the note was fake. The cashier then made some telephone calls. A few minutes later, the Police …