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ORIENT PHOTO NIG LTD
V.
ECO BANK PLC

(2018) JELR 38899 (CA)

Court of Appeal 8 Jun 2018 Nigeria
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- The appellant, a customer of Gamji Bank of Nigeria Plc, alleged that the respondent, now ECO BANK PLC, unilaterally debited their account with arbitrary and excessive charges. - The appellant engaged the services of Business Adjusters Nig

Case Details

Suit Number:CA/E/411/2013
Judges:IGNATIUS IGWE AGUBE Justice of The Court of Appeal of Nigeria JOSEPH TINE TUR Justice of The Court of Appeal of Nigeria MISITURA OMODERE BOLAJI-YUSUFF Justice of The Court of Appeal of Nigeria
Counsel:S. M. Nwosu For Appellant Emeka Mozie For Respondent

MISITURA OMODERE BOLAJI-YUSUFF, J.C.A. (Delivering the Leading Judgment): The appellant was a customer of Gamji Bank of Nigeria Plc which went through some organizational changes since the commencement of the case in 1997 and has now ended up under the umbrella of ECO BANK PLC, the respondent in this appeal. The appellant applied for and was granted an overdraft facility of ₦2m in 1994 which was increased to ₦7million in 1996. According to the appellant the respondent unilaterally debited its account with arbitrary and excessive charges which were not provided for by the Bankers Tariff. When the respondent ignored the written complaints and protests of the appellant about the debits, the services of Business Adjusters Nigeria Limited was retained to look into the established financial statutory regulations and Central Bank of Nigeria Guidelines on bank customer account relationship. The company submitted its report. The appellant also engaged the services of Dr. Anene Nwokolo and Co, …

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