FIDELITY BANK
V.
CHINEDU
AYOBODE OLUJIMI LOKULO-SODIPE, J.C.A. (Delivering the Leading Judgment): The appeal is against the judgment delivered on 11/2/2016 by the High Court of Abia State, holding at the Umuahia Judicial Division presided over by Hon. Justice L. Aabi (hereafter to be simply referred to as the lower Court and learned trial Judge respectively). The instant case was instituted by the Respondent by a writ of summons which issued on 10/1/2013. An amended writ of summons and amended statement of claim were later filed in the case with the Respondent claiming against the Appellant in paragraph 26 of the amended statement of claim as follows: -
i. Payment of the sum of $48,000.00 USD (Forty Eight Thousand US Dollars) being an amount illegally deducted from the account of the claimant.
ii. 10% interest on the sum of $48,000 USD (Forty Eight Thousand US Dollars) from 6/7/2010 to the date of filing this suit.
iii. 10% interest on the sum of $48,000.00 USD (Forty Eight Thousand US Dollars) from the date of …