Firm sues bank over alleged breach of contract

A LAGOS-BASED firm that specialises in the importation and sale of clothing materials, Angel’s Eye Nigeria Limited, has slammed a N75 million suit on Diamond Bank Plc before a Lagos High Court sitting in Igbosere for an alleged breach of contract.

The claimant, apart from the sum, also wants the court to make a declaration that the bank’s alleged refusal to honour cheques issued to its business associates occasioned injury to its dignity, character and business reputation.

When the matter came up for hearing, the court adjourned till March 14 to enable the claimant serve the processes and also to allow the bank file its response to the application.

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