Court Denies GN Bank’s Argument over US$272.8K, L$7.6M in Damages - News Summed Up

Court Denies GN Bank’s Argument over US$272.8K, L$7.6M in Damages


On July 13, 2018 it was discovered that the business center had been burglarized. “Having determined the legal issues, the court hereby order this matter ruled to trial on the factual issues identified,” Judge Kaba further declared. On the issue of Young Philip Business center, the Civil Law Court judge said, the business center has nothing to do with the contract with the security firm. “By then,” the suit claimed, “Young Philip Business Center had made substantial payment against its financial obligation in the amount of US$9,500, inclusive of interest to be paid over time. Shortly afterward, the bank was placed in possession of all assets of the business center for the prime purpose of providing security protection to its facility.


Source: Daily Observer March 18, 2019 02:26 UTC



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