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FIRST CITY MONUMENT BANK PLC
V.
THE INCORPORATED TRUSTEES OF THE DIVINE HAND OF GOD PROPHETIC MINISTRY & 2 ORS

(2025) JELR 113836 (CA)

Court of Appeal 22 May 2025 Nigeria
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- The Appellant bank mistakenly generated and submitted a false suspicious transaction report regarding the 1st Respondent’s corporate account to the Nigerian Financial Intelligence Unit (NFIU), later publicly apologizing, but the Responden

Case Details

Suit Number:CA/ABJ/CV/1137/2022
Judges:JOSEPH OLUBUNMI KAYODE OYEWOLE, JCA PETER CHUDI OBIORAH, JCA EBERECHI SUZZETTE NYESOM-WIKE, JCA
Counsel:Prof. A. Olawoyin, SAN with H. Ngustwen Esq. for the Appellant. Chief G. A. Uche, SAN with him F. Nsiegbunam Esq, V. Enene Esq., C. Agbonjimi Esq. and K. Nwachukwu Esq. for the Respondent.
Location:Abuja

JOSEPH OLUBUNMI KAYODE OYEWOLE, JCA(DELIVERING THE LEADING JUDGMENT): This is in respect of an appeal against the judgment of the High Court of the Federal Capital Territory, Abuja Judicial Division, sitting in Maitama, Abuja delivered on the 4th October, 2022 by HALILU, J.

The Appellant had forwarded a false report to the Nigerian Financial Intelligence Unit (hereinafter referred to simply as ‘NFIU’) on the 1st Respondent’s account with it which the Appellant subsequently owned up to after the Respondents had suffered negative public reactions and also published a public apology. The Respondents found the apology unacceptable and thus aggrieved, took out a writ of summons against the Appellant wherein they sought the reliefs contained in paragraph 48 of their statement of claim thus:

  1. A declaration of this Honourable Court that the Defendant in its banker-customer relationship with the 1st Claimant owes the Claimants a fiduciary duty of care.

  2. A declaration of this Honourable Court that t…

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